Consider the following set of hypothetical data: Suppose you want to do a multiple regression of Y
Question:
Suppose you want to do a multiple regression of Y on X2 and X3.
a. Can you estimate the parameters of this model? Why or why not?
b. If not, which parameter or combination of parameters can you estimate?
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b No because X3 2X21 which is perfect collinearity Y B1 B2X2 B3 2X...View the full answer
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