Question: Consider the estimation of the following model using a random sample (()i-1,2.n). where A is estimated using ordinary least squares (OLS) a Derive using

Consider the estimation of the following model using a random sample (()i-1,2.n).

Consider the estimation of the following model using a random sample (()i-1,2.n). where A is estimated using ordinary least squares (OLS) a Derive using OLS. 1 pt| b. Show under the necessary aNumptions that B, in unbiased if the population regremion function ia y- d+ 2 pta e Show under the same asmumptione used above that is biased if the population regraion function is w-A+a, + with A0. [ pt| d. Show that can be negative. What does it mean in this case? 2 ptal

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