18. if the the correct model is Yi=b1 b2 Xi+b3X3+ei and you use Y=b1 b2 X2i+ei where X2 and X3i is highly correlated var
Posted: Sun Sep 05, 2021 5:20 pm
18. if the the correct model is Yi=b1 b2 Xi+b3X3+ei and you use Y=b1 b2 X2i+ei where X2 and X3i is highly correlated variables (2 points) Eſb 1) =B1 E[62)= B2 b1 and 2 is consistent Eb3)=0 b1 and 2 is based none of the above