Question: Consider the one-variable regression model
![1636_one variable 2.png](https://secure.tutorsglobe.com/CMSImages/1636_one variable 2.png)
![1450_One variable.png](https://secure.tutorsglobe.com/CMSImages/1450_One variable.png)
![1532_one - variable 1.png](https://secure.tutorsglobe.com/CMSImages/1532_one - variable 1.png)
c. Are the OLS estimators consistent?
d. Can confidence intervals be constructed in the usual way?
e. Evaluate these statements: "Measurement error in the X's is serious problem. Measurement error in Y in not."