16 The method of least squares void of econometric problems

16.       The method of least squares (void of econometric problems) produces estimated regression coefficients (such as a and b) that are, with respect to the true regression coefficients (such as a & b),

a.         unbiased estimators

b.         efficient estimators

c.         the best linear estimators

d.         all of the above

Solution

d.         all of the above

 16. The method of least squares (void of econometric problems) produces estimated regression coefficients (such as a and b) that are, with respect to the true

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