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

---

Definitions:

Inducement

An offer or promise made to persuade or influence a person to act in a certain way, often used in contracts and employment agreements.

Void Agreement

A contract or agreement that is legally unenforceable from the outset due to an inherent issue, such as illegality or lack of capacity.

Duress

Illegal pressure exerted upon a person to coerce them into an action against their will or judgment.

Fraud in the Execution

A situation where a person is deceived into signing a contract or document not knowing its true nature or essence, leading to an invalid contract.