Question

    Gauss-Markov Theorem is associated with which of the following

    A Generalised Least Squares Correct Answer Incorrect Answer
    B Ordinary Least Squares Correct Answer Incorrect Answer
    C Point Estimate Correct Answer Incorrect Answer
    D Parametric Estimation Correct Answer Incorrect Answer

    Solution

    It is associated with OLS. It states that OLS estimates has Lowest sampling variance within the class of linear unbiased estimators.

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