(Requires Advanced material)Nonlinear least squares estimators in general are not
A)consistent.
B)normally distributed in large samples.
C)efficient.
D)used in econometrics.

Question

Quizplus · Accepted Answer

Nonlinear least squares estimators are generally not efficient, meaning that there exist other consistent estimators that have smaller mean squared errors. Consistency is not a problem for nonlinear least squares estimators, and they can be asymptotically normally distributed in large samples. Nonlinear least squares estimators are commonly used in econometrics for parameter estimation in nonlinear regression models.

(Requires Advanced Material)Nonlinear Least Squares Estimators in General Are Not