(Answered) Best straight fair-minded estimator

Management Studies

Problem: Under these suspicions the OLS estimator (beta ^) is the best straight fair-minded estimator (BLUE) for beta. This hypothesis suggests that the fluctuation of the OLS estimator beta ^ for beta is not bigger than the change of whatever other direct fair estimator. Explain your answers and provides examples.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91812023
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