Question: Let 1 be the instrumental variable(IV) slope estimate from the simple linear regression model:=0+1+, where variable is a valid IV for . Suppose you change

Let 1 be the instrumental variable(IV) slope estimate from the simple linear regression model:=0+1+, where variable is a valid IV for . Suppose you change the units of measurement of variable by subtracting some constant A>0and multiplying by some other constant B0and, and estimate the same model:=0+1+, using variable ()as an IV for .Let 1be instrumental variable(IV) slope estimate from the second model. Show formally how 1is related to 1.

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