Multiple Choice
To prove that the OLS estimator is BLUE requires the following assumption
A) (Xi,Yi) i = 1,…,n are i.i.d.draws from their joint distribution
B) Xi and ui have nonzero finite fourth moments
C) the conditional distribution of ui given Xi is normal
D) none of the above
Correct Answer:
Verified
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Q26: Assume that the data looks as follows:
Y
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