Kizspy Question: 8
(Choose 1 answer)
What is the benefit of using generalized least squares (GLS) instead of ordinary least squares (OLS) in the
presence of heteroscedasticity?
A. The regression coefficients will be unbiased
B. The regression coefficients will have the minimum variance
C. The regression coefficients will be BLUE
D. The regression coefficients will not be affected by autocorrelation
E. The regression coefficients will be easier to interpret
