Multiple Regression Analysis: OLS Asymptotics
4 important questions on Multiple Regression Analysis: OLS Asymptotics
What are the finite samples and how do they differ from the asymptotic?
MLR1-MLR5 (BLUE)
MLR1-MLR6 (Normal)
Properties hold approximately when the sample is large, because t and F distributions have their limits.
When is an estimator consistent and what MLR has to hold?
MLR4 (Zero mean and zero correlation): E(u)=0 and cov(x(j),u)=0
What do we mean with asymptotic normality and what assumptions suffice?
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What does asymptotic efficiency mean?
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