Provide an algebraic proof that the least squares estimator is not consistent when Cov(x, e) =...
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Provide an algebraic proof that the least squares estimator is not consistent when Cov(x, e) = O with the regression model y = B1+ B2X+e where E(e) = 0 So that E(y) = B1+ B2E(x) Provide an algebraic proof that the least squares estimator is not consistent when Cov(x, e) = O with the regression model y = B1+ B2X+e where E(e) = 0 So that E(y) = B1+ B2E(x)
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