a. (15 pts) A professor collects 50 independent and identically distributed observa- tions of variables Y and X for a re
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a. (15 pts) A professor collects 50 independent and identically distributed observa- tions of variables Y and X for a re
observations of variables Y and X for a regression. Her student
wishes to use the same data to run the same regression but the
student makes an error of entering each observation twice. That is
the student enters observation 1 twice, observation 2 twice and so
forth so that the student has a sample of 100. Which OLS assumption
is violated if the student uses this data to run a regression?
Suppose the student does run a regression, will the slope
coefficients be different from the professor’s regression?
a. (15 pts) A professor collects 50 independent and identically distributed observa- tions of variables Y and X for a regression. Her student wishes to use the same data to run the same regression but the student makes an error of entering each observation twice. That is the student enters observation 1 twice, observation 2 twice and so forth so that the student has a sample of 100. Which OLS assumption is violated if the student uses this data to run a regression? Suppose the student does run a regression, will the slope coefficients be different from the professor's regression?