Which of the Following Is True of BLUE?​

question 2

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:

Specialization

The practice of focusing resources on the production of particular goods or services for which a person or entity has a competitive advantage.

Comparative Advantage

The ability of an individual or country to produce a particular good at a lower opportunity cost than another.

Absolute Advantage

The ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.

Donuts

A type of fried dough confection or dessert food, often sweetened or glazed.