Question: Which statement is the correct one describing the maximum likelihood estimator? Select one: a. The Maximum likelihood estimator is unbiased and efficient estimator b. It
Which statement is the correct one describing the maximum likelihood estimator?
Select one:
a.
The Maximum likelihood estimator is unbiased and efficient estimator
b.
It is absolutely equivalent to the OLS estimator, and it is BLUE
c.
It is equivalent to the OLS estimator with a small sample size
d.
It is a large sample required estimator, consistent and asymptotically efficient
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