Question: 870K Problem Set 3 5.2 For the joint pmf in the table below: (3.) Find the conditional expectation function E(Y|X). (b) Find the best linear

870K Problem Set 3 5.2 For the joint pmf in the table below: (3.) Find the conditional expectation function E(Y|X). (b) Find the best linear predictor E*(Y|X). (c) Prepare a table that gives E(Y|x) and E*(le) for x = 1, 2, 3. x=l x=2 x=3 y o 0.15 0.10 0.15 y 1 0.15 0.30 0.15 ___-n____. - Generate 1000 random draws from(Y,}=Q. I Plot the observed values of Y against X. I Overlay a plot of the (population) CEF of Y given X/ - Overlay a plot of the (population) BLP of Y given X
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