I am analyzing a dataset with variables such as Age, Sex, and Education, where some variables have missing values. One of the variables (Education) has over 60% missing data. For my analyses, I am considering the following approach:
- Complete Case Analysis: Exclude the variable with substantial missingness (Education), and drop rows with missin values to retain as many complete cases as possible.
- Multiple Imputation Analysis: Include all variables, including Education, in the imputation process to recover and utilize the potential information from the missing values.
My reasoning is that including Education in complete case analysis would result in a significant loss of data, but it could still provide meaningful insights after imputation.
Is this approach valid? Are there any established references or best practices that support this strategy? What potential issues should I consider when applying this method?