(a) If the number of measurements are
greater than the total number of
parameter, what effect would it have
on πTπ and how would it be
translated in a practical case?
(b) If OLS for alpha in a Multiple Regression Model is given by
alpha_hat = (πTπ)-1
XTY and πTπ is not
invertible, what would be most true about
alpha_hat?
(a) If the number of measurements are greater than the total number of parameter, what effect would it have on 𝑋
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