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      Question

      When we say that the estimator is BLUE. What does best

      signify here?
      A That it has zero variance Correct Answer Incorrect Answer
      B That the expected mean of the estimator is equal to the actual value of parameter Correct Answer Incorrect Answer
      C That it has the minimum variance Correct Answer Incorrect Answer
      D That the expected mean of the estimator is zero Correct Answer Incorrect Answer

      Solution

      When estimator is BLUE. Best signifies that it has minimum variance.

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