Question: (Monte Carlo) Repeat the Monte Carlo experiment in Exercise 6.1, making each of the following adjustments separately. (a) Instead of $y_i$, fit $y_i + x_i$
(Monte Carlo) Repeat the Monte Carlo experiment in Exercise 6.1, making each of the following adjustments separately.
(a) Instead of $y_i$, fit $y_i + x_i$ to the explanatory variables 1, $x_i$, and $x_i^{-1}$.
(b) Instead of $y_i$, fit $y_i + x_i x_i$ to the explanatory variables 1 and $x_i^{-1}$.
(c) Generate $x_i$ from a uniform distribution on the interval (9, 10), instead of [1, 10].
Compare the sample means and variances of the fitted coefficients with those from the Monte Carlo experiment in Exercise 8.1. Try to explain your findings.
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