Iagine that you estimat instead the incomplete model yi
Given the model Yi = B0 + B1X11 + B2X21 + B3X31 +Ui, where you know that E[ui[X]] = 0, imagine that you estimat instead the "incomplete" model Yi = B0 + B1X11 + u*i. Under what conditions eill the OLS estimator of B1 be inconsistent?
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given the model yi b0 b1x11 b2x21 b3x31 ui where you know that euix 0 imagine that you estimat instead the
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