We want to study how education affects wages. After collecting a random sample of 10 observations, we notice that all 10 individuals have completed a BSc degree and no one has proceeded further. We would like to estimate the following model: wage, = Bo + B1education, + u;. We know that: O B, will be equal to zero O B, will not be very precise Bị cannot be estimated O B, will be biased

Q: Hi can you ansert d and e asap ty

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Q: Hey I cant read what you sent can you please type the answer or write it better

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Q: Can you please rewrite it neater I can't read what's what and circle the answers,

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Q: Hi the solution is in

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