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1. Consider the following linear regression model: (a) which assumptions are needed to Inake the A i unbiased estimators for the ßi?(b) Explain how one can test the hypothesis that +A-0 by means of a t-test.

(d) Suppose that r is an irrelevant explanatory variable in the population model and that you estimate the model including both r1 and r2. What are the consequences of estimating this model?(e) Suppose instead that x1 is a binary explanatory variable. Which is the interpretation of the parameters Bo, B1 and 2 in this case? 1 and Bo in case

PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND EXPLAIN THANK YOUU!!

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PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND EXPLAIN THANK YOUU!! 1. Consider the following...
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