Chapter 5

Question 1

5.1: Assumption MLR.4’ Zero Mean and Zero Correlation

Answer 1

Question 2

5.1: Consistency of OLS Theorem

Answer 2

Question 3

5.1: Deriving the Inconsistenct in OLS

Answer 3

Question 4

5.2: Asymptotic Normality of OLS

Answer 4

Question 5

5.2: Langrange Multiplier Statistic

Answer 5