Question
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.
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