Question: solve iv) and v) Question 3 Consider the following regression equations, .1? =,61x1 + :92 362 + H (7) (m1) (11mm) (1x1)(mrl) (MI) and y

solve iv) and v)

Question 3 Consider the following regression equations, .1? =,61x1 + :92 362 + H (7) (m1) (11mm) (1x1)(mrl) (MI) and y =01 x1 + v. (8) (m1) (1x1)(nx1) (Furl) It is assumed that the regressor In which appears in (8) is the same regressor In which appears in (7). For example, an could be years of education. The OLS estimator of :11 in (8) is given by in = (xaxlr'xiy.

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