Under the VAR Assumptions, the OLS Estimators Are

question 10

Multiple Choice

Under the VAR assumptions, the OLS estimators are

• A)consistent and have a joint normal distribution even in small samples.
• B)BLUE.
• C)consistent and have a joint normal distribution in large samples.
• D)unbiased.

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Definitions:

Binomial Probability

The probability of achieving a specific number of successes in a fixed number of independent Bernoulli trials, given a certain success probability in each trial.

Dependent Trials

Experiments or processes where the outcome or result of one trial influences the outcome of another.

Experiment Characteristic

A feature or quality that defines or distinguishes an experiment, often relating to its design, participants, or outcomes.

Probability Distribution

A function used in math to estimate the chances of various outcomes in an experimental setup.