Suppose the true relationship of Y and X, Z is given by 1. Yi = β1Xi + β2Zi + ei under classical assumptions. Now, assum
Posted: Sun May 29, 2022 7:12 pm
Suppose the true relationship of Y and X, Z is given
by
1. Yi = β1Xi + β2Zi + ei
under classical assumptions. Now, assume that you estimate β1by
regressing Yi on Xi only as
2. Yi = ˆβ1Xi + ˆei
Then find E( ˆβ1) is ˆβ1 in (1) unbiased?
.
by
1. Yi = β1Xi + β2Zi + ei
under classical assumptions. Now, assume that you estimate β1by
regressing Yi on Xi only as
2. Yi = ˆβ1Xi + ˆei
Then find E( ˆβ1) is ˆβ1 in (1) unbiased?
.