If, in Addition to the Least Squares Assumptions Made in the Previous

question 8

Multiple Choice

If, in addition to the least squares assumptions made in the previous chapter on the simple regression model, the errors are homoskedastic, then the OLS estimator is

• A)identical to the TSLS estimator.
• B)BLUE.
• C)inconsistent.
• D)different from the OLS estimator in the presence of heteroskedasticity.

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Definitions:

Life Span

The maximum duration of life of a species or individual, or a narrative account of major events and life stages from birth to death.

Pattern

A repeated decorative design or a regular and intelligible form or sequence discernible in the way in which something happens or is done.

Conception

The process of becoming pregnant involving the fertilization of an egg by a sperm.

Cross-Cultural

Cross-cultural pertains to the comparison or interaction between different cultures, aiming to understand their differences and similarities.