Question: TRUE / FALSE / UNCERTAIN ( You are required to show all the steps ) Consider a bivariate linear regression, Yi = beta 0
TRUEFALSEUNCERTAIN You are required to show all the steps
Consider a bivariate linear regression, Yi beta beta Xi epsi i
where, the standard
assumption Eepsi i
X is violated. Instead, the distribution of epsi i
is such that:
Eepsi i
X k and k Even though, the standard assumption is violated, both the slope
coefficient and the intercept coefficient of OLS remains unbiased.
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