If variance of an independent variable in a regression model,say x₁,is greater than 0,or Var(x₁) 0,the inconsistency in ₁(estimator associated with x₁)is negative,if x₁ and the error term are positively related.

Question

If variance of an independent variable in a regression model,say x₁,is greater than 0,or Var(x₁)> 0,the inconsistency in ₁(estimator associated with x₁)is negative,if x₁ and the error term are positively related.

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The Answer of If variance of an independent variable in a regression model,say x₁,is greater than 0,or Var(x₁)> 0,the inconsistency in ₁(estimator associated with x₁)is negative,if x₁ and the error term are positively related.

If Variance of an Independent Variable in a Regression Model,say