What will be the properties of the OLS estimator in the presence of imperfect multicollinearity? Group of answer choices OLS estimator will be biased and the standard errors are incorrectly calculated. OLS estimator will still be BLUE. OLS estimator will biased but the standard errors are correctly calculated. OLS estimator will be unbiased but the standard errors are incorrectly calculated
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Step 1: In the presence of imperfect multicollinearity, the OLS estimator will be biased. Show more…
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