Which of the following is not a part of BLUE properties of the OLS estimators ?
An unbiased estimator of B has expectation equal to B, rather than necessarily zero. BLUE means best linear unbiased estimator: linearity and unbiasedness are combined with…
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Which of the following is not a part of BLUE properties of the OLS estimators ?
Answer and explanation
Correct answer B
An unbiased estimator of B has expectation equal to B, rather than necessarily zero. BLUE means best linear unbiased estimator: linearity and unbiasedness are combined with the smallest variance within the class of linear unbiased estimators.
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Rajasthan SET (RSET)