To Prove That the OLS Estimator Is BLUE Requires the Following

question 48

Multiple Choice

To prove that the OLS estimator is BLUE requires the following assumption

• A)(Xi,Yi)i = 1,…,n are i.i.d.draws from their joint distribution
• B)Xi and ui have nonzero finite fourth moments
• C)the conditional distribution of ui given Xi is normal
• D)none of the above

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Definitions:

Emergency Medical Technician

Healthcare professionals trained to respond quickly to emergency situations, providing medical care and transportation to those in need.

Qualified

Describes someone who possesses the necessary skills, experience, and knowledge to perform a specific job or task.

Dismissal

The act of terminating an individual's employment for various reasons, possibly including performance issues, misconduct, or redundancy.

Perceptual Errors

Mistakes in judgment or understanding that occur when a person's perceptions are influenced by the biases or limitations of human perception.