The Normal Approximation to the Sampling Distribution Of $\hat { \beta }$

question 5

Multiple Choice

The normal approximation to the sampling distribution of $\hat { \beta }$ 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 ?₁.

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