Econometrics Exam Cheat Sheet -

For Ordinary Least Squares (OLS) to be the , five key Gauss-Markov Assumptions must hold: Linearity: The model is linear in parameters.

Each observation is independently and identically distributed. No Perfect Collinearity econometrics exam cheat sheet

This is a favorite topic for essay questions. OVB occurs when: For Ordinary Least Squares (OLS) to be the