You are given the following data: Based on these data, estimate the following regressions a. Yi =A1

Question:

You are given the following data:
You are given the following data:
Based on these data, estimate

Based on these data, estimate the following regressions
a. Yi =A1 + A2X2i+ ui
b. Yi = C1 + C3X3i + ui
c. Yi = B1 + B2X2i + B3X3i + ui
d. Is A2 = B2? Why or why not?
e. Is C3 = B3? Why or why not?
What general conclusion can you draw from this exercise?

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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