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True or False: (i)An estimator is unbiased, if its expected value across di erent samples equals to the true value of the parameter. (ii)OLS estimator
True or False:
- (i)An estimator is unbiased, if its expected value across di erent samples equals to the true value of the parameter.
- (ii)OLS estimator is always unbiased.
- (iii)We can use n1 ni=1 u2i to estimate the error variance 2 because it is unbiased.
- (iv)If the sample size increases, we can have a better estimates of sd(0) and sd(1).
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