Consider the following simple regression model y=β₀ + β₁x₁ + u.Suppose z is an instrument for x.if Cov(z,u)= 0 and Cov(z,x)≠ 0,the value of β₁in terms of population covariances is _____. C)Cov(z,u) D)Cov(z,x)

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The Answer of Consider the following simple regression model y=β₀ + β₁x₁ + u.Suppose z is an instrument for x.if Cov(z,u)= 0 and Cov(z,x)≠ 0,the value of β₁in terms of population covariances is _____. C)Cov(z,u) D)Cov(z,x)

Consider the Following Simple Regression Model Y=β0 + β1x1

Consider the Following Simple Regression Model Y=β₀ + β₁x₁