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What conditions eill the ols estimator of b1 be inconsistent

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Reference no: EM131909434

Given the model Yi = B0 + B1X11 + B2X21 + B3X31 +Ui, where you know that E[ui[X]] = 0, imagine that you estimat instead the "incomplete" model Yi = B0 + B1X11 + u*i. Under what conditions eill the OLS estimator of B1 be inconsistent?

Reference no: EM131909434

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