Question
When will the OLS estimator(s) NOT be the BLUE (best linear unbiased estimator)? a If the error term has the same variance given any values
When will the OLS estimator(s) NOT be the BLUE (best linear unbiased estimator)?
a If the error term has the same variance given any values of the explanatory variables
b If the error terms are independent of one another (is independent of).
c If the error term has an expected value that is related to the values of an independent variable.
d If the error terms are not normally distributed.
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Business Analytics Data Analysis and Decision Making
Authors: S. Christian Albright, Wayne L. Winston
5th edition
1133629601, 9781285965529 , 978-1133629603
