A reasonably broad class of models for analyzing two-stage samples is considered. For models in this class, ordinary least squares (OLS) estimates are best linear unbiased estimates (BLUE's) and a ...
Learn how the Least Squares Criterion determines the line of best fit for data analysis, enhancing predictive accuracy in finance, economics, and investing.
In the general linear model with observations not necessarily uncorrelated or homoscedastic, Gauss-Markov regression coefficients are superior to ordinary unweighted least squares in the well known ...