4.3 What is meant by the assumption that the paired sample observations of Yi and Xi are...
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4.3 What is meant by the assumption that the paired sample observations of Yi and Xi are independently and identically distributed? Why is this an important assumption for ordinary least-squares estimation? When is this assumption likely to be violated?
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Related Book For 
Introduction To Econometrics
ISBN: 9781292071367
3rd Global Edition
Authors: James Stock, Mark Watson
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