In regression model with random regressors
$$y = a + bx + e$$
can I change the equation to
$$x = (-a/b) + (1/b)y + (-1/b)e$$
and consistently estimate $(1/b)$ with OLS?
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Sign up to join this communityIn regression model with random regressors
$$y = a + bx + e$$
can I change the equation to
$$x = (-a/b) + (1/b)y + (-1/b)e$$
and consistently estimate $(1/b)$ with OLS?