Lab mock test

1. a. normal regression

yes at 1% level
2. a. positive bias
3. d. 7 parameters
4. a

reduced equation, wald test c2=c3=c4=0

5. b
normal 2SLS check p value
6. b7
7. reduced form educ, resid, ols reg normal eq plus resid
8. a 2SLS separately
9. estimate structural eq, gen resid, reg resid on exog variables
10. a normal 2SLS