Question: Consider the econometric model y So + Biz+u After estimation, we obtain that 3=0.5. We also know that the variance of x is equal
Consider the econometric model y So + Biz+u After estimation, we obtain that 3=0.5. We also know that the variance of x is equal to 5 and the variance of y is equal to 10. Consider a second econometric model = 10+ny+e. The estimated value of 71 is:
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