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If OLS estimators satisfy asymptotic normality, it implies that: they are approx

ID: 3359461 • Letter: I

Question

If OLS estimators satisfy asymptotic normality, it implies that:

they are approximately normally distributed in large enough sample sizes.

they are approximately normally distributed in samples with less than 10 observations.

a.

they have a constant mean equal to zero and variance equal to 2.

b.

they have a constant mean equal to one and variance equal to .

c.

they are approximately normally distributed in large enough sample sizes.

d.

they are approximately normally distributed in samples with less than 10 observations.

Explanation / Answer

Answer: c)

If OLS estimators satisfy asymptotic normality it implies that,

they are approximately normally distributed in large enough sample sizes.

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