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    Real Econometrics The Right Tools to Answer Important Questions
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    Exam 14: Advanced Ols
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    Show the Steps in Involved in Deriving the OLS Estimates
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Show the Steps in Involved in Deriving the OLS Estimates

Question 19

Question 19

Essay

Show the steps in involved in deriving the OLS estimates for B1hat, and describe the assumption that is necessary for B1hat to be an unbiased estimator of B1.

Correct Answer:

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The assumption is th...

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