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RedGiant RedGiant
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7 years ago
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
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bolbolbolbol
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7 years ago
Helped a lot
courtneyrmcd
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Thank you, thank you, thank you!
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This calls for a celebration Person Raising Both Hands in Celebration
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