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Consider the model: y i = ? 0 + ? 1 x i + u i , for i = 1, 2, . . .
Consider the model: y i = ? 0 + ? 1 x i + u i , for i = 1, 2, . . . , N. Given the OLS estimator ?Ë? 0 = ¯y ? ?Ë? 1 x¯, Show that the OLS errors have zero mean, i.e., ¯uË? = 0.
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald Hilton, David Platt
10th edition
78025664, 978-0078025662
