Estimation of Equation (2) on Its Own Using OLS Would

question 13

Multiple Choice

Estimation of equation (2) on its own using OLS would result in

• A) Consistent and unbiased coefficient estimates
• B) Consistent coefficient estimates which might be biased in small samples
• C) Inconsistent but unbiased coefficient estimates
• D) Coefficient estimates that are neither unbiased nor consistent.

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Definitions:

Hormone

A substance produced internally that governs and moderates the functions of specific cells or organs.

Multinucleated Cells

Cells that contain more than one nucleus, which typically occurs in certain fungi, some protists, and specific human muscle cells.

Skeletal Muscle

A type of striated muscle attached to bones, under voluntary control, and responsible for movement of the skeleton.