You are given the following data: Based on these data, estimate the following regressions a. Yi =A1
Question:
Based on these data, estimate the following regressions
a. Yi =A1 + A2X2i+ ui
b. Yi = C1 + C3X3i + ui
c. Yi = B1 + B2X2i + B3X3i + ui
d. Is A2 = B2? Why or why not?
e. Is C3 = B3? Why or why not?
What general conclusion can you draw from this exercise?
Transcribed Image Text:
一25 213 123 Y-138
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i 30 35 X 2i i 40 13571 X 3i i 20 X 2i X 3i 1 and 2 No in both cases As pointed out in Se...View the full answer
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