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Let's review the basic simple OLS regression that you have studied in the 3rd-year econometrics course. No answer key will be provided. Consider the following

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Let's review the basic simple OLS regression that you have studied in the 3rd-year econometrics course. No answer key will be provided. Consider the following simple regression model. yi = a+ Bxi+ Ei i = 1, ..., n Ei~N(0, 1) 1. Derive Bols and Var(Bols). 2. State the Gauss-Markov theorem, and prove it

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