Which of the following are consequences of heteroskedasticity (i) The OLS estimators, 11eb9ee2_f0d1_544b_8edd_c3adc9fe7425_SM2712_11 . are inconsistent. (ii) The usual F statistic no longer has an F distribution. (iii) The OLS estimators are no longer BLUE.

Introductory Econometrics 4th Edition by Jeffrey Wooldridge

Edition 4ISBN: 978-0324660609

Edition 4ISBN: 978-0324660609

Exercise 12

Which of the following are consequences of heteroskedasticity
(i) The OLS estimators,

. are inconsistent.
(ii) The usual F statistic no longer has an F distribution.
(iii) The OLS estimators are no longer BLUE.

Explanation

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(i)
The OLS estimators are not inconsis...