When Estimating the Structural Parameters of Simultaneous Equation Models,how Do $\beta$

question 9

Multiple Choice

When estimating the structural parameters of simultaneous equation models,how do least squares estimates,compare to the true value of $\beta$ ?

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Definitions:

N Th Term

A formula that allows the calculation of any term in a sequence based on its position (n).

Salary

The amount of money paid to an employee at regular intervals for their services.

Raise

To increase to a higher position or level; in mathematics, it often refers to exponentiation.

Sum

A mathematical process of adding numbers together to get their total amount.