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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Introduction To Econometrics

ISBN: 9781292071367

3rd Global Edition

Authors: James Stock, Mark Watson

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