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Interview QuestionResearch Assistant Interview Boston, MA (US)Federal Reserve Bank of BostonWhy is the Linnear regression model the best linnear unbiased estimator? Tags: See More, See Less8AnswerAdd TagsFlag as InappropriateFlag as InappropriateAnswerInterview Answer 1 Answer▲4▼ because it is defined as the line which minimizes sum of the squares of the errors in X for all of the data points Interview Candidate on 27-Feb-2012Flag as InappropriateFlag as InappropriateInterviews > Research Assistant > Federal Reserve Bank of BostonAdd Answers or Comments To comment on this, Sign In or Sign Up.
because it is defined as the line which minimizes sum of the squares of the errors in X for all of the data points