The Proof That OLS Is BLUE Requires All of the Following

question 31

Short Answer

The proof that OLS is BLUE requires all of the following assumptions with the exception of: a. the errors are homoskedastic.
b. the errors are normally distributed.
c. $E \left( u _ { i } \mid X _ { i } \right) = 0$ .
d. large outliers are unlikely.

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