What are the two coefficients in a linear regression model

Reference no: EM133363812

Questions:

(a) What is the difference between a conditional and an unconditional expected value of a random variable?

(b) What is a regression function, and how does it relate to the concept of expected value?

(d) In a linear regression model, what is an error term?

(e) What is the sampling variation of the OLS estimator?

(f) List and briefly describe the conditions under which the OLS estimator is guaranteed to be unbiased as well as efficient?

Reference no: EM133363812

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