Question: In the model y = Bx + Btz + B3x3 + 1 the coefficients are known to be related to a more basic economic param-
In the model y = Bx + Btz + B3x3 + 1 the coefficients are known to be related to a more basic economic param- etera according to the equations Assuming that the x's are nonrandom and that u, IN(0, 2), find the best unbiased linear estimator of a and the variance of a.
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