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Generate the variable x 1 for all observations one time. Assume that x 1 N ( 2 0 , 2 ) . Create a matrix
Generate the variable x for all observations one time. Assume that x N
Create a matrix X that includes both the realized data x in addition to a constant term.
Note: You will only create one copy of this matrix. Using this matrix you will simulate
multiple vectors for the dependent variable
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