Multiple Choice
Which of the following statements is true?
A) Taking a log of a nonnormal distribution yields a distribution that is closer to normal.
B) The mean of a nonnormal distribution is 0 and the variance is σ2.
C) The CLT assumes that the dependent variable is unaffected by unobserved factors.
D) OLS estimators have the highest variance among unbiased estimators.
Correct Answer:
Verified
Correct Answer:
Verified
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