Which of the Following Statements Is True Under the Gauss-Markov

question 25

Multiple Choice

Which of the following statements is true under the Gauss-Markov assumptions?

• A)Among a certain class of estimators, OLS estimators are best linear unbiased, but are asymptotically inefficient.
• B)Among a certain class of estimators, OLS estimators are biased but asymptotically efficient.
• C)Among a certain class of estimators, OLS estimators are best linear unbiased and asymptotically efficient.
• D)The LM test is independent of the Gauss-Markov assumptions.

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Definitions:

Direct Approach

A communication strategy that involves stating the main point or request at the beginning of the message for clarity and immediacy.

Negative Message

Communication that conveys a refusal, rejection, or other unpleasant information.

Sincere Apology

An expression of remorse that is honest and deeply felt, meant to make amends for a mistake or transgression.

Negative News Message

Communication designed to convey unfavorable information, decisions, or feedback in a manner that is sensitive to the recipient's feelings and possibly mitigates negative reactions.