Under the Least Squares Assumptions (Zero Conditional Mean for the Error

question 41

Short Answer

Under the least squares assumptions (zero conditional mean for the error term, Xi and Yi being i.i.d., and Xi and ui having finite fourth moments), the OLS estimator
For the slope and intercept a. has an exact normal distribution for $n > 15$ .
b. is BLUE.
c. has a normal distribution even in small samples.
d. is unbiased.

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Annually

Concerning an event that takes place annually.

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Interest calculated only on the principal amount, or on that portion of the principal amount that remains unpaid, not including interest on interest.

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The percentage of principal charged by the lender for the use of its money.

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The value of an investment at a specific future date, based on its current value and anticipated growth rate.