Essay
(Requires Appendix material)Your textbook shows that OLS is a linear estimator 1 =
,where
.For OLS to be conditionally unbiased,the following two conditions must hold:
and
= 1.Show that this is the case.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: (Continuation from Chapter 4,number 5)You have learned
Q3: The homoskedasticity-only estimator of the variance of
Q4: You have collected data for the 50
Q5: The p-value for a one-sided left-tail test
Q6: Your textbook discussed the regression model when
Q8: (Continuation of the Purchasing Power Parity question
Q9: The neoclassical growth model predicts that for
Q11: (continuation from Chapter 4,number 3)You have obtained
Q55: The t-statistic is calculated by dividing<br>A)the OLS
Q58: The effect of decreasing the student-teacher ratio