If the model y = ßo + ß1x1 + ß2x2 + v satisfies the first Gauss-Markov assumptions, then v has: a. a zero mean and is correlated with only x1 b. C. a zero mean and is correlated with x₁ and x2 a zero mean and is correlated with only x2 d. a zero mean and is uncorrelated with X1 and X2 a. a O b. b О с. C ○ d. d
If the model y = ßo + ß1x1 + ß2x2 + v satisfies the first Gauss-Markov assumptions, then v has: a. a zero mean and is correlated with only x1 b. C. a zero mean and is correlated with x₁ and x2 a zero mean and is correlated with only x2 d. a zero mean and is uncorrelated with X1 and X2 a. a O b. b О с. C ○ d. d
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphs To Economics
Problem 6SQ
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![If the model y = ßo + ß1x1 + ß2x2 + v satisfies the first Gauss-Markov assumptions, then v
has:
a. a zero mean and is correlated with only x1
b.
C.
a zero mean and is correlated with x₁ and x2
a zero mean and is correlated with only x2
d. a zero mean and is uncorrelated with X1 and X2
a. a
O b. b
О с. C
○ d. d](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffbdd5574-9d6a-4d02-9746-931ab8649747%2Fc120840d-3092-4b1c-99ff-f65dbc597b3c%2Ff2bl2f_processed.png&w=3840&q=75)
Transcribed Image Text:If the model y = ßo + ß1x1 + ß2x2 + v satisfies the first Gauss-Markov assumptions, then v
has:
a. a zero mean and is correlated with only x1
b.
C.
a zero mean and is correlated with x₁ and x2
a zero mean and is correlated with only x2
d. a zero mean and is uncorrelated with X1 and X2
a. a
O b. b
О с. C
○ d. d
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