Question: Take the model Y = X+XB+ where E[X] = 0 Suppose that B is estimated by regressing Y on X only. Find the probability

Take the model Y = X+XB+ where E[X] = 0 Suppose that

Take the model Y = X+XB+ where E[X] = 0 Suppose that B is estimated by regressing Y on X only. Find the probability limit of this estimator. In general, is it consistent for ? If not, under what conditions is this estimator consistent for B?

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