Consider the model y=1+e where for X = {r1, ... , IN}, and for all i, E (e,|X) = c # Which of the following is correct? O The OLS estimator for 7 is unbiased. The OLS estimator for 7 is =
Consider the model y=1+e where for X = {r1, ... , IN}, and for all i, E (e,|X) = c # Which of the following is correct? O The OLS estimator for 7 is unbiased. The OLS estimator for 7 is =
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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Transcribed Image Text:Consider the model y =7+e where for X = {r1,...,IN}, and for all i, E (eX) = c# 0.
Which of the following is correct?
O The OLS estimator for 7 is unbiased.
The OLS estimator for 7 is =
111
The OLS estimator for y is ĝ =
O None of the above
O The OLS estimator for Y is biased
Expert Solution

Step 1
From the given information,
Here, the ols estimator is unbiased estimator.
Hence, the option "the OLS estimator for γ is unbiased" is correct.
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