Question: i , from the p o p u l a t i o n a i i s the intercept for unit i and b
from the the intercept for unit i and the slope:
With a random sample size you implicitly draw values along with values and and then
Substituting and into the initial model yields the following:
where
True False: uncorrelated with and uncorrelated with and then OLS consistently estimates and
True
False
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