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The ordinary least square estimators have the smallest variance among all the unbiased estimators.
Understanding
Understanding is the ability to grasp the meaning, significance, or nature of something, which may involve empathy, comprehension, or a deep level of awareness.
Ethical Decision
A choice made based on moral principles and values, aiming to do what is right and beneficial for all involved parties.
Decoding
The process of interpreting or understanding the meaning of information, messages, or signals received.
Well Intentioned
Having or showing a wish to do good and cause positive effects, even if not always achieving the desired outcome.
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