计量经济吻学英文版.pptVIP

Appendix of statistics inference Xi’An Institute of Post Telecommunication Dept of Economic Management Prof. Long 1 BLUE Estimator Gauss–Markov Theorem: Given the assumptions of the classical linear regression model, the least-squares estimators, in the class of Unbiased linear estimators,have minimum variance, that is, they are BLUE. The least-squares estimator of ?2 * * 1.2 MINIMUM-VARIANCE PROPERTYOF LEAST-SQUARES ESTIMATORS The least-squares estimator b2 is linear as well as unbiased (this holds true of b1 too). To show that these estimators are also minimum variance in the class of