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Consider the set of hypothetical data in Table 10.10. Suppose you want to ?t the model to the data.
Yi = β1 + β2 X2i + β3 X3i + ui
a. Can you estimate the three unknowns? Why or why not?
b. If not, what linear functions of these parameters, the estimable func- tions, can you estimate? Show the necessary calculations.
table 10.10
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