Prove that the least squares intercept estimator in the classical regression model is the minimum variance linear

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Prove that the least squares intercept estimator in the classical regression model is the minimum variance linear unbiased estimator.

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Econometric Analysis

ISBN: 978-0130661890

5th Edition

Authors: William H. Greene

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Question Posted: Nov 11, 2010 02:51 AM

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Prove that the least squares intercept estimator in the classical regression model is the minimum variance linear

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Let the constant term be written as a vi d x ad dx d In order for a to be unbiased for all samples o...View the full answer

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