What Result Is Proved by the Gauss-Markov Theorem

question 25

Multiple Choice

What result is proved by the Gauss-Markov theorem?

• A) That OLS gives unbiased coefficient estimates
• B) That OLS gives minimum variance coefficient estimates
• C) That OLS gives minimum variance coefficient estimates only among the class of linear unbiased estimators
• D) That OLS ensures that the errors are distributed normally

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