=+12.15. This exercise is related to Example 12.10. (i) Show that (12.42) has a unique solution for
Question:
=+12.15. This exercise is related to Example 12.10.
(i) Show that (12.42) has a unique solution for u when everything else is fixed.
(ii) Show that the PQL estimator of β satisfies (12.43).
(iii) Derive (12.44).
(iv) Consider the following special case: x
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