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What result is proven by the Gauss-Markov theorem? That OLS gives unbiased coefficient estimates That OLS gives minimum variance coefficient estimates That OLS gives minimum
What result is proven by the Gauss-Markov theorem?
That OLS gives unbiased coefficient estimates | ||
That OLS gives minimum variance coefficient estimates | ||
That OLS gives minimum variance coefficient estimates only among the class of linear unbiased estimators | ||
That OLS ensures that the errors are distributed normally |
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