7.22 Exercises Exercise 7.1 Take the model Y = X; B1+XxBz+e with E[Xe] =0. Suppose that B, is estimated by regress- ing
Posted: Mon Nov 15, 2021 11:11 am
7.22 Exercises Exercise 7.1 Take the model Y = X; B1+XxBz+e with E[Xe] =0. Suppose that B, is estimated by regress- ing Y on X, only. Find the probability limit of this estimator. In general, is it consistent for Bil If not, under what conditions is this estimator consistent for Mı?