question archive Which of the following models can be estimated using ordinary least squares (OLS), where X, y, Z are variables and α, β, γ are parameters to be estimated? (following a suitable rearrangement if necessary and support with detail explanation) a
Subject:AccountingPrice: Bought3
Which of the following models can be estimated using ordinary least squares (OLS), where X, y, Z are variables and α, β, γ are parameters to be estimated? (following a suitable rearrangement if necessary and support with detail explanation)
a. yt = α + βxt + ut
b. yt = eα xtβeut
c. yt = α + βγ xt + ut
d. ln(yt) = α + β ln(xt) + ut
e. yt = α + βxtzt + ut