Which of the Following Statements Is True Under the Gauss-Markov

question 25

Multiple Choice

Which of the following statements is true under the Gauss-Markov assumptions?

• A)Among a certain class of estimators, OLS estimators are best linear unbiased, but are asymptotically inefficient.
• B)Among a certain class of estimators, OLS estimators are biased but asymptotically efficient.
• C)Among a certain class of estimators, OLS estimators are best linear unbiased and asymptotically efficient.
• D)The LM test is independent of the Gauss-Markov assumptions.

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