The Normal Approximation to the Sampling Distribution Of $\widehat { \beta } _ { 1 }$

question 15

Multiple Choice

The normal approximation to the sampling distribution of $\widehat { \beta } _ { 1 }$ is powerful because

• A) many explanatory variables in real life are normally distributed.
• B) it allows econometricians to develop methods for statistical inference.
• C) many other distributions are not symmetric.
• D) is implies that OLS is the BLUE estimator for \(\beta _ { 1 }\)

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