Question: 5.4 In the simple regression model (5.16), under the first four Gauss-Markov assumptions, we showed that estimators of the form (5.17) are consistent for the

5.4 In the simple regression model (5.16), under the first four Gauss-Markov assumptions, we showed that estimators of the form (5.17) are consistent for the slope, 1. Given such an estimator, define an estimator of 0 by ˜ 0 y¯ ˜ 1x¯. Show that plim ˜ 0 0.

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