econometrics question, please help me out with explanation please! 11. You estimate the simple linear regression model h= a+ Ba + u where h is a measure of health of an individual and a is the age. Which of the following Gauss-Markov assumptions is not needed to show that the OLS estimator B is an unbiased estimator for 8? A. The mean of the error term, conditional on age, is zero; Elula] = 0 B. {h,a} are randomly sampled from the population of interest C. the model is linear in a and B D. The data contain individuals of different ages E. none of the above

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econometrics question, please help me out
with explanation please!
11. You estimate the simple linear regression model
h=a+ Ba + u
where h is a measure of health of an individual and a is the age. Which of the following
Gauss-Markov assumptions is not needed to show that the OLS estimator B is an unbiased
estimator for 8?
A. The mean of the error term, conditional on age, is zero; Elula] = 0
B. {h,a} are randomly sampled from the population of interest
C. the model is linear in a and B
D. The data contain individuals of different ages
E. none of the above
12. The true population model is given by
Yi = Bo + Bit; + e
But you estimate the model
ý = Bo + B, + B,24
What are the consequences of including z; in the model on the estimates of B. B2?
A. EB] < B1
B. EB] > B1
C. ElB]=0
D. EB] > B2
E. none of the above
Transcribed Image Text:econometrics question, please help me out with explanation please! 11. You estimate the simple linear regression model h=a+ Ba + u where h is a measure of health of an individual and a is the age. Which of the following Gauss-Markov assumptions is not needed to show that the OLS estimator B is an unbiased estimator for 8? A. The mean of the error term, conditional on age, is zero; Elula] = 0 B. {h,a} are randomly sampled from the population of interest C. the model is linear in a and B D. The data contain individuals of different ages E. none of the above 12. The true population model is given by Yi = Bo + Bit; + e But you estimate the model ý = Bo + B, + B,24 What are the consequences of including z; in the model on the estimates of B. B2? A. EB] < B1 B. EB] > B1 C. ElB]=0 D. EB] > B2 E. none of the above
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