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Question attached 9 1. Suppose an economist wants to estimate the following simple regression model: W Vi = Bo + Bix + wi but decides

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9 1. Suppose an economist wants to estimate the following simple regression model: W Vi = Bo + Bix + wi but decides instead to estimate the following, transformed model: IT = Bo Thi + Bi Thi Thi (1) What must the econometrician think Var(uilxi) is

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