Question: In the simple regression model under MLR. 1 through MLR.4, we argued that the slope estimator, is consistent for (1. Using = - , show
In the simple regression model under MLR. 1 through MLR.4, we argued that the slope estimator, is consistent for (1. Using = - , show that plim = (0. [You need to use the consistency of , and the law of large numbers, along with the fact that (0 = E(y) - (1E(x1).]
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