Show which of the following models can be estimated by the OLS,
where X, y and...
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Advance Math
Show which of the following models can be estimated by the OLS,where X, y and Z are variables and α,β,γ are parameters to beestimated. The models can be rearranged if necessary.
(1) y_t=α+βx_t+u_t [5 marks]
(2) y_t=e^α x_t^β e^(u_t ) [5 marks]
(3) y_t=α+βγx_t+u_t [5 marks]
(4) y_t=α+βx_t Z_t+u_t [5 marks]
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