Which of the following conditions is not necessary for ordinary least squares to be the best unbiased linear estimator (BLUE)?
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1 mark, −0.25EconometricsLinear regression and OLSThe Gauss-Markov theorem and OLS propertiesEasyabout 1 min
JNU SSS 2013 Question 63: Linear regression and OLS
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Linear regression and OLS has come up 74 times in 7 exams since 2008.
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This question is on The Gauss-Markov theorem and OLS properties, part of Linear regression and OLS in Econometrics.
Why OLS is the best linear unbiased estimator, and what it needs.
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