An Estimator Of $\beta$ Is Said to Be Linear If
A) It Can Be

question 16

Multiple Choice

An estimator of $\beta$ is said to be linear if

• A) it can be estimated by least squares.
• B) it is a linear function of \(Y _ { 1 } , \ldots , Y _ { n }\)
• C) there are homoskedasticity-only errors.
• D) it is a linear function of \(X _ { 1 } , \ldots , X _ { n }\)

---

Definitions:

Three-Dimensional Theory

A conceptual framework that views phenomena or subjects from three critical and intersecting aspects or dimensions.

Autocratic

A leadership style where decision-making is centralized in the leader, with minimal input from group members.

Democratic

Pertaining to a system of government or decision-making that is controlled by the majority of its members, often emphasizing equality and individual rights.

Laissez-faire

Laissez-faire is an economic doctrine or leadership style that promotes minimal to no government intervention in the free market, or a hands-off approach in management.