Suppose that the true model is Y=3₂2+u but Z is measured with measurement error us, the observed variable being XZ+we. W
Posted: Wed Jul 06, 2022 12:13 pm
Suppose that the true model is Y=3₂2+u but Z is measured with measurement error us, the observed variable being XZ+we. We assume that we has nero mean and constants and If we consider B₂=Y/X as an estimator for B, in the true model, which of the following statements is correct? O Not sure. O The probability limit of ₂ is less than ₂. O The probability limit of , is equal to 3₂ O The probability limit of 3, is greater than p