13.9 Derive the final equality in Equation (13.10). (Hint: Use the definition of the covariance and that,
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13.9 Derive the final equality in Equation (13.10). (Hint: Use the definition of the covariance and that, because the actual treatment Xi is random, b1i and Xi are independently distributed.)
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Related Book For
Introduction To Econometrics
ISBN: 9781292071367
3rd Global Edition
Authors: James Stock, Mark Watson
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