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1.3 [10%] What happens to the OLS estimators Bo and B1 if we standardize both the dependent and inde- pendent variables? That is, we define

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1.3 [10%] What happens to the OLS estimators Bo and B1 if we standardize both the dependent and inde- pendent variables? That is, we define Y** = (Yi - Y)/oy and X* = (Xi - X)/ox and run the regression Y&* = Bo + BIX* + ex? Justify your answer based on the formula of the OLS estimators

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