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3. If the error term in a linear regression model is normally distributed, then the distribution of the OLS estimator, conditional on explanatory variables, is also normal.

3. If the error term in a linear regression model is normally distributed, then the distribution of the OLS estimator, conditional on explanatory variables, is also normal.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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Answer True or False. For each false statement, explain why the statement is false. I need the answer correct and fast please. 3. If the error term in a linear regression model is normally distributed, then the distribution of the OLS estimator, conditional on explanatory variables, is also normal.
Transcribed Image Text:Answer True or False. For each false statement, explain why the statement is false. I need the answer correct and fast please. 3. If the error term in a linear regression model is normally distributed, then the distribution of the OLS estimator, conditional on explanatory variables, is also normal.
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