Solved: Suppose that we have assumed the straight-line
Chapter , Problem 112MEE(choose chapter or problem)
Suppose that we have assumed the straight-line regression model
\(Y=\beta_{0}+\beta_{1} x+\epsilon\)
but the response is affected by a second variable \(x 2\) such that the true regression function is
\(E(Y)=\beta_{0}+\beta_{1} x_{1}+\beta_{2} x_{2}\)
Is the estimator of the slope in the simple linear regression model unbiased?
Equation Transcription:
Text Transcription:
Y=\beta_0+\beta_1 x+\epsilon
X2
E(Y)=\beta_0+\beta_1 x_1+\beta_2 x_2
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