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(Solved): If the three least squares assumptions hold, then the large sample normal distribution of ^1 ...
If the three least squares assumptions hold, then the large sample normal distribution of β^1 is N(0,n1[Var(Xi)]2var[(Xi−μX)ui])N(β1,∑i=1n(Xi−Xˉ)2σu2)N(β1,n1[Var(Xi)]2var[ui])N(β1,n1[Var(Xi)]2var[(Xi−μX)ui])
According to the assumptions of least squares, the appropriate large sample normal distribution of 1 (beta hat one) isN(??, ?² / ?????(X? - X?)²)Let's define the words in this sentence:N: Denotes the distribution's normality.The real population param...