Hi,
I had a question about what I expect when you hand in the problem set on
Thursday.
You do not need to derive OLS again. You do need to give the equations (as
equations) for beta and sigma^2. You should also provide the R code you
used, and comment the code extensively so I can see what you did. If you
feel that you can show the results better with a plot, you can provide that
as well, but it's not expected for this problem set.
As usual, the problem set should be typed up, not hand written.
Yours,
Olivia Lau
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