In these model x, y, z are endogenous variables , and b, c are exogenous elements. (i)rearrange
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- In these model x, y, z are endogenous variables , and b, c are exogenous elements.
(i)rearrange the set of equation so that the endogenous variables and associated coefficients are written in column on the Left Hand Side and the exogenous on the Right hand side Ensure endogenous appear in every equation.
(ii)Write the coefficient of the system , the vector of the unknown and the vector of the intercept.
(iii)show that the following notation are true
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