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Consider the linear model Y; = 30 + B₁X1i + B₂X2i+u; where u; is the error term and where E (u₁|X₁, X2i) = 0, observations (Yi, X1i, X2i) are independent and identically distributed, 0

Consider the linear model Y; = 30 + B₁X1i + B₂X2i+u; where u; is the error term and where E (u₁|X₁, X2i) = 0, observations (Yi, X1i, X2i) are independent and identically distributed, 0

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Consider the linear model Y; = B + B1X1¡ + B2X2i + u; where error term and where E (u;|X1i, X2;) = 0, observations (Yi, X1i, X2;) are independent and identically distributed, 0 < E (Y4) < ∞, 0 < E (X;) < o, 0 < E(X) < ∞ and where X2; OLS estimators ß, and B, of the coefficients B, and B, unbiased and is the X. Are the consistent? Explain.
Transcribed Image Text:Consider the linear model Y; = B + B1X1¡ + B2X2i + u; where error term and where E (u;|X1i, X2;) = 0, observations (Yi, X1i, X2;) are independent and identically distributed, 0 < E (Y4) < ∞, 0 < E (X;) < o, 0 < E(X) < ∞ and where X2; OLS estimators ß, and B, of the coefficients B, and B, unbiased and is the X. Are the consistent? Explain.
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