17.4 Instead of using WLS, the researcher in the previous problem decides to compute the OLS estimator
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17.4 Instead of using WLS, the researcher in the previous problem decides to compute the OLS estimator using only the observations for which x … 10, then using only the observations for which x 7 10, and then using the average the two OLS of estimators. Is this estimator more efficient than WLS?
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Related Book For
Introduction To Econometrics
ISBN: 9781292071367
3rd Global Edition
Authors: James Stock, Mark Watson
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