Under the Gauss-Markov Theorem when assumptions SR1 - SR5 are met,what estimators of 1 and 2 may have smaller variances than b1 and b2?
A) none
B) a non-linear estimator
C) a normally distributed estimator
D) an estimator derived from economic theory
Correct Answer:
Verified
Q4: Applying the OLS model to our data
Q5: The OLS estimators for
Q6: In the OLS model,what happens to var(b1)as
Q7: How do you interpret the estimated
Q8: Which of the following non-linear adjustments CANNOT
Q10: Which of the following is NOT
Q11: You have estimated the following equation using
Q12: In an economic model that uses income
Q13: If b1 is an estimator for
Q14: What mathematical theorem allows for normally distributed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents