When some assumptions hold, the OLS estimator is unbiased. Explain what those assumptions are, what it means

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When some assumptions hold, the OLS estimator is unbiased. Explain what those assumptions are, what it means that OLS is unbiased and why that is desirable. Explain. Hint: think about the sampling distribution of the beta OLS

Posted Date: May 19, 2024 12:06 PM

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When some assumptions hold, the OLS estimator is unbiased. Explain what those assumptions are, what it means

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