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Practice Q4 (i) If our dependent variahie y* is measured with error such that the data we observe is y where y : y +

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Practice Q4 (i) If our dependent variahie y* is measured with error such that the data we observe is y where y : y" + e and where e is the measurement error, what do we require in order to ensure that we do not get a. biased estimate of .81 in the model y\" : {30 + 1311' + u? V'Vhat is the expected effect of the measurement error on our standard ,, .0 011015

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