Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which assumptions are necessary for OLS estimates to be BLUE? The errors are normally distributed Random sampling from the population Conditional mean assumption (0

image text in transcribed
image text in transcribed
Which assumptions are necessary for OLS estimates to be BLUE? The errors are normally distributed Random sampling from the population Conditional mean assumption (0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: Charles I. Jones

1st Edition

978-0393926385, 0393926389

Students also viewed these Economics questions