Exercise 7.1 Take the model Y = X B1+XB2+e with E[Xe] = 0. Suppose that B1 is estimated by regress- ing Y on X1 only. Fi
Posted: Mon Apr 18, 2022 9:19 am
- Exercise 7 1 Take The Model Y X B1 Xb2 E With E Xe 0 Suppose That B1 Is Estimated By Regress Ing Y On X1 Only Fi 1 (19.37 KiB) Viewed 29 times
Exercise 7.1 Take the model Y = X B1+XB2+e with E[Xe] = 0. Suppose that B1 is estimated by regress- ing Y on X1 only. Find the probability limit of this estimator. In general, is it consistent for B1? If not, under what conditions is this estimator consistent for B1?