q5- For the general multiple regression modely =B₁ + B₂X₂ +B3X3 + ... + B x x x + e++Bkxktethe following two assumptions are called.E (e₁|X) = 0andO C.andvar (e;|X) = 0²Select one:a. conditionally uncorrelated errors; strict exogeneityO b. strict exogeneity; conditional homoscedasticityconditional homoscedasticity; strict exogeneityd. strict exogeneity; conditionally uncorrelated errors

The regression equation shows the relationship between dependent and independent variables. Simple…

Answered: For the general multiple regression…

For the general multiple regression model y =B₁ + B₂x₂ +B₂x₂ + ... + B x x x + e the following two assumptions are called and E (e₁|X) = 0 and var (e;|X) = 0²

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

q5-

For the general multiple regression model
y =B₁ + B₂X₂ +B3X3 + ... + B x x x + e
++Bkxkte
the following two assumptions are called.
E (e₁|X) = 0
and
O C.
and
var (e;|X) = 0²
Select one:
a. conditionally uncorrelated errors; strict exogeneity
O b. strict exogeneity; conditional homoscedasticity
conditional homoscedasticity; strict exogeneity
d. strict exogeneity; conditionally uncorrelated errors

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