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1.Suppose you've assumed the following data-generating process: Yi = + 1X1i + 2X2i + Ui Describe what it means for 1 to be identified in

1.Suppose you've assumed the following data-generating process:

Yi = + 1X1i + 2X2i + Ui

Describe what it means for 1 to be identified in this model for a given population of data.

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