Question: 3. (Stock & Watson 2019, Exercise 10.5) Consider the model with a single regressor. This model also can be written as Yu = Bo +

3. (Stock & Watson 2019, Exercise 10.5) Consider the model with

3. (Stock & Watson 2019, Exercise 10.5) Consider the model with a single regressor. This model also can be written as Yu = Bo + BIX1,it + 62B2, + . . . + orBT; + 72D2; + . . . + VnDni + Uit, where B2, = 1 if t = 2 and 0 otherwise, D2; = 1 if i = 2 and 0 otherwise, and so forth. How are the cocfficients (Bo, 62, . .., or, 72, ...; In) related to the coefficients (01, . . . , On, 1, . .., AT)

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