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MMLU / If an estimator is said to be consistent, it is implied that

Problem

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question

If an estimator is said to be consistent, it is implied that

choices

  1. On average, the estimated coefficient values will equal the true values
  2. The OLS estimator is unbiased and no other unbiased estimator has a smaller variance
  3. The estimates will converge upon the true values as the sample size increases
  4. The coefficient estimates will be as close to their true values as possible for small and large samples.

subject

econometrics

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