Provide a restriction for identification in econometrics, Econometrics

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Provide a restriction for identification in econometrics

Problem: Suppose you have data on college students' GPA performances and as well as the time spent with their parents.

Q1. Explain how you could estimate the relationship between the time spent with their parents and the students GPA performance. Use an econometrics model that describes the relationship between the two and then describe the component of the model and explain.

Q2. Then provide a restriction for identification in econometrics

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Econometrics: Provide a restriction for identification in econometrics

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