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What is the Gauss-Markov theory?

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Anonymous

7y ago
Updated: 8/21/2019

In statistics, the Gauss-Markov theorem states that in a linear regression model in which the errors have expectation zero and are uncorrelated and have equal variances, the best linear unbiased estimator (BLUE) of the coefficients is given by the ordinary least squares (OLS) estimator, provided it exists.

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7y ago

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