If, in addition to the least squares assumptions made in the previous chapter on the simple regression model, the errors are homoskedastic, then the OLS estimator is

A) identical to the TSLS estimator.
B) BLUE.
C) inconsistent.
D) different from the OLS estimator in the presence of heteroskedasticity.


Answer: B

Economics

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a. True b. False Indicate whether the statement is true or false

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