How simple linear regression model affects ols estimators

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Reference no: EM132192544

Question: How do you think the violation of assumption of the simple linear regression model affects the OLS estimators of the intercept and the slope? (To answer the question, tell me if the intercept and the slope will be biased or not. If it is biased, then use an specific example( it can be our textbook example of student performance and class size) with the appearance of an outlier to illustrate in what direction will the intercept and the slope will be biased, overestimate or underestimate.)

Reference no: EM132192544

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How simple linear regression model affects ols estimators : How do you think the violation of assumption of the simple linear regression model affects the OLS estimators of the intercept and the slope?

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