7 The BLU estimator of the slope parameter under heteroskedasticity is an example ofa biased estimatora Generalized Least Squares estimatoran OLS estimatornone of the above If the disturbances are heteroskedastic, thenO BLUE is inefficientOLS is efficientOLS is BLUEweighted least squares is BLUE

Answered: The BLU estimator of the slope…

The BLU estimator of the slope parameter under heteroskedasticity is an example of, a biased estimator a Generalized Least Squares estimator an OLS estimator none of tbe above O O O C

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The BLU estimator of the slope parameter under heteroskedasticity is an example of
a biased estimator
a Generalized Least Squares estimator
an OLS estimator
none of the above

If the disturbances are heteroskedastic, then
O BLUE is inefficient
OLS is efficient
OLS is BLUE
weighted least squares is BLUE

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