Which of the Following Is True of BLUE?​

question 16

Multiple Choice

Which of the following is true of BLUE?​

• A)​It is a rule that can be applied to any one value of the data to produce an estimate.
• B)​An estimator is an unbiased estimator of if for any .
• C)​An estimator is linear if and only if it can be expressed as a linear function of the data on the dependent variable.
• D)​It is the best linear uniform estimator.

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Definitions:

National Output

National output is the total value of goods and services produced by an economy over a specific period, reflecting the economic productivity.

1929

The year marked by the Wall Street Crash, leading to the Great Depression, a significant worldwide economic downturn.

Recession

A period marked by a significant decline in economic activity across the economy, lasting for several months or more, visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

World War II

A global conflict that took place from 1939 to 1945, involving most of the world's nations and marked by significant events that shaped modern history.