C are the ols estimators consistent d can confidence, Macroeconomics

C are the ols estimators consistent d can confidence

Question: Consider the one-variable regression model

1636_one variable 2.png

1450_One variable.png

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."

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Macroeconomics: C are the ols estimators consistent d can confidence

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Macroeconomics: C are the ols estimators consistent d can confidence

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