Question: Assumption MLR . 1 ( Linear in Parameters ) Suppose you and a research partner are interested in studying the effect of height on salary.

Assumption MLR.1(Linear in Parameters)
Suppose you and a research partner are interested in studying the effect of height on salary. Your partner proposes using a simple OLS regression model to analyze the following population model:
wage =0+12 educ +22 exper +32height+u
where
wage = annual salary
educ = years of formal education
exper = years of work experience
height = height, in inches
The proposed model is
The proposed model is
Assumption MLR . 1 ( Linear in Parameters )

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