If the Ordinary Lease Squares (OLS) required assumptions of linear regression are met, OLS estimators of the regression coefficients $\beta$_j are unbiased.

Question

Quizplus · Accepted Answer

When the assumptions of the Ordinary Least Squares (OLS) method are met, the OLS estimators of the regression coefficients are unbiased, meaning the expected value of the estimators equals the true parameter values.

If the Ordinary Lease Squares (OLS) Required Assumptions of Linear β\betaβ

If the Ordinary Lease Squares (OLS) Required Assumptions of Linear $\beta$