Which of the Following Is True

question 14

Multiple Choice

Which of the following is true?

• A)In ordinary least squares estimation, each observation is given a different weight.
• B)In weighted least squares estimation, each observation is given an identical weight.
• C)In weighted least squares estimation, less weight is given to observations with a higher error variance.
• D)In ordinary least squares estimation, less weight is given to observations with a lower error variance.

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