explanation of the theory behind why the technique you chose is better than OLS in this situation

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5. Using r-studio For question 5 refer to the data set FERTIL2 on Canvas. Use this data set to estimate a model of Number of Living Children had as a function of years of education, age, age squared, and whether or not the women in question has electricity, television or a bicycle. (75 points) a. Estimate this model using OLS. Discuss your findings. (15 points) b. OLS may not be the optimal to use with this data set. Which estimation technique is most appropriate for this data set? Why is that the case? Be thorough in your explanation of the theory behind why the technique you chose is better than OLS in this situation (35 points) c. Estimate this model using the technique you discussed in part (b). What did you find? How do your results differ from part (a) (25 points)

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