Solution:
The correct option is:
b) estimates of the effects for the remaining explanatory variable may be biased
Explanation:
If we remove the explanatory variable that affects the response variable, then the explained variability will be decreased, therefore, the option a is incorrect. The option c is incorrect because the total variability will remain the same. The coefficient of determination will decrease if we remove the significant explanatory variable from the study. The correct option is therefore estimates of the effects for the remaining explanatory variable may be biased.
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