Question: a)What are the five assumptions for Ordinary Least Square estimation for a simple linearregression? b)What are the properties of the least Square Estimators? c)What is

a)What are the five assumptions for Ordinary Least Square estimation for a simple linearregression?

b)What are the properties of the least Square Estimators?

c)What is an unbiased estimator of the variance of the error termut?

d)Themore variability in the independent variable, the wider the confidence interval for the Least Square estimators. True for False. Explain

e)What do the values of the R2and the Adjusted R2measure? How are they related?

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