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a. Define unbiasedness of an estimator. b. What are the four assumptions required for unbiasedness of OLS estimators in multiple regression models. c. Explain consistency

a. Define unbiasedness of an estimator.

b. What are the four assumptions required for unbiasedness of OLS estimators in multiple

regression models.

c. Explain "consistency of OLS estimators", and what do we need to guarantee them?

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