The method of Ordinary Least Squares obtains the coefficient estimates by minimizing the sum of squares of the residuals.

07.1 1 Point The method of Ordinary Least Squares obtains the coefficient estimates by minimizing the sum of squares of the residuals. 0 True 0 False Save Answer 07.2 1 Point According to the Gauss-Markov theorem, the coefcient estimates obtained using Ordinary Least Squares is the best estimator out of all linear estimators. 0 True 0 False Save Answer 07.3 1 Point For an estimator to be unbiased, its expected value must be equal to the sample estimate. 0 True 0 False