Linear Regression with OLS: Unbiased, Consistent, BLUE, Best (Efficient) Estimator
Understand OLS Linear Regression with a bit of math
Published in
7 min readMay 25, 2022
The OLS estimator is known to be unbiased, consistent and BLUE (Best Linear Unbiased Estimator). But what do these properties mean? Why are they important for a linear regression model? In this article, we will discuss these properties.