6. Assuming the conditional variance of disturbance term is given by var (u Ix) = σ2exp (β° + ßixi + . . . +A4), List the steps to get the weighted least square estimator for 6. Assuming the...
Econometrics 6. Assuming the conditional variance of disturbance term is given by var (u Ix) = σ2exp (β° + ßixi + . . . +A4), List the steps to get the weighted least square estimator for 6. Assuming the conditional variance of disturbance term is given by var (u Ix) = σ2exp (β° + ßixi + . . . +A4), List the steps to get the weighted least square estimator for
6. Assuming the conditional variance of disturbance term is given by var (u Ix) σ2exp (β0 + βίχί + . . . + ßkxk), List the steps to get the weighted least square estimator for 0.P1*..Pk 6. Assuming the conditional variance of disturbance term is given by var (u Ix) σ2exp (β0 + βίχί + . . . + ßkxk), List the steps to get the weighted least square estimator for 0.P1*..Pk
Consider the regression model y=β0+β1x1+β2x2+u Suppose this is estimated by Feasible Weighted Least Squares (FWLS) assuming a conditional variance function Varux=σ2h(x). Which of the following statements is correct? A) The function h(x) does not need to be estimated as part of the procedure B) If the assumption about the conditional variance of the error term is incorrect, then FWLS is still consistent. C) FWLS is the best linear unbiased estimator when there is heteroscedasticity. D) None of the above answers...