Linear Modelinghard
0:00.0

In a simple linear regression model Yi=β0+β1Xi+ϵiY_i = \beta_0 + \beta_1 X_i + \epsilon_i, assume the variance of the error term is Var(ϵiXi)=σ2Xi2Var(\epsilon_i|X_i) = \sigma^2 X_i^2. Which statement correctly describes the implication for the Ordinary Least Squares (OLS) estimator β^1\hat{\beta}_1?