In econometrics, the general partialling out result is usually called the _____.
A)Gauss-Markov assumption
B)Best linear unbiased estimator
C)Frisch-Waugh theorem
D)Gauss-Markov theorem

Question

In econometrics, the general partialling out result is usually called the _____.​
A)​Gauss-Markov assumption
B)​Best linear unbiased estimator
C)​Frisch-Waugh theorem
D)​Gauss-Markov theorem

Quizplus · Accepted Answer

The general partialling out result is commonly known as the Frisch-Waugh theorem. This theorem is used in econometrics to isolate the effect of one independent variable on a dependent variable by removing the effects of other independent variables through regression analysis. The Gauss-Markov assumption and theorem and the best linear unbiased estimator are also important concepts in econometrics, but they are not directly related to the general partialling out result.

In Econometrics, the General Partialling Out Result Is Usually Called