INTRODUCTION TO ECONOMETRICS II ECO 306 NOUN 117
uis distributed independently of An investigator has data on
Y and
X (but not on
) fora cross-section of firms in the industry. Describe the problems that would be encountered if OLS were used to estimate and
, regressing
Y on
X.
4.1.7.0 REFERENCES FURTHER READING Dougherty, C. (2007).
Introduction to econometrics. Oxford University Press, USA
Dominick, S, & Derrick, R. (2002).
Theory and problems of statistics and econometrics.Schaum‟s Outline Series. N Gujaratti, D. (2004).
Basic econometrics.
McGraw-Hill, New York. Stock, J. H, & Watson, MW. (2015).
Introduction to econometrics. Pearson.
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