Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the multiple regression, to get the unbiasedness of the OLS estimators, the following assumptions must hold except for: A.The value of the explanatory variables

In the multiple regression, to get the unbiasedness of the OLS estimators, the following assumptions must holdexceptfor:

A.The value of the explanatory variables must not contain any information about the expected value of the error term.

B.The true population model must be in linear in parameters but can be nonlinear in independent variables.

C.The independent variables should not be a linear combination of the other independent variables.

D.The value of the explanatory variables must not contain any information about the variance of the error term.

Which one of the following statements isfalse:

A.The assumption that the error terms are homoskedastic is necessary to show that the OLS estimators are BLUE.

B.The assumption that the error terms are homoskedastic is not necessary to show that the OLS estimators are unbiased estimators.

C.The assumption that the error terms are normally distributed is necessary to show that the OLS estimators are BLUE.

D.The assumption that the error terms are normally distributed is necessary to show that the sampling distribution of the OLS estimator is normal.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Continuous Nowhere Differentiable Functions The Monsters Of Analysis

Authors: Marek Jarnicki, Peter Pflug

1st Edition

3319126709, 9783319126708

More Books

Students also viewed these Mathematics questions