Author Question: Think of an example involving five possible quantitative outcomes of a discrete random variable and ... (Read 66 times)

vHAUNG6011

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Think of an example involving five possible quantitative outcomes of a discrete random variable and attach a probability to each one of these outcomes.

Question 2

With heteroskedastic errors, the weighted least squares estimator is BLUE. You should use OLS with heteroskedasticity-robust standard errors because



softEldritch

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Answer to Question 1



Answer to Question 2




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