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To the extent that our estimates are biased, however, conditional on the validity of the excluded instruments, they are biased toward the OLS estimate, suggesting that the results we report are conservative and understate the differences between OLS and IV-GMM.
A logarithmic scale is used to allow us to view the full range of frequencies, although this does understate the differences between the four data sets.
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Tests mean nothing more than numbers on a screen to me, it's the use that counts, and to say that this brings an entirely different experience speed wise to general websites is to understate the difference.
That may be understating the difference, even close supporters believe.
Mr. Romney also understated the difference between per capita G.D.P. by a wide margin, suggesting that Israelis produce about twice what Palestinians do.
If hours worked were decreasing over that time, then the observed differences may understate the true difference between MABEL respondents and the population.
For example, to characterize Patrizi as a "Renaissance Platonist" with such thinkers as Marsilio Ficino and Giovanni Pico della Mirandola is to ignore or understate the significant differences among them.
The White House said, "Our analysis tends to understate the ultimate price differences for insured and uninsured customers," because the government could not get data on rebates.
This adjustment, however, greatly understates the significance of the differences.
Thus, because all participants who stopped smoking after recruitment to the present study continued to be classified as current smokers, the full impact of continued smoking across the population is very likely to be understated by our results and the differences in survival between smokers in higher and lower social positions exaggerated.
As Everybody Wants Some!! continues to roll out to theaters nationwide, I spoke with Linklater by phone about the understated differences between high school and college, casual homoeroticism, and why his female characters might seem neglected.
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