Economics · Econometrics

The linearity assumption in the Gauss-Markov theorem refers to the linearity of the:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Observed sample data points
2Error terms
3Relationship between the dependent and independent variables with respect to the parameters✓
4Relationship between the independent variables

Correct answer

Relationship between the dependent and independent variables with respect to the parameters

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