UGC NET
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Eduncle Asked an Mcq
March 2, 2020 3:06 pm
  • UGC NET
  • Economics

Three statement are given as under : 

(a)    Generalised Least Square (GLS) method is capable of providing BLUE in situations where OLS fails
(b)    GLS is OLS on the transformed variables that satisfy the standard least squares assumptions
(c)    GLS method is suitable for dealing with multicollinearity problem 
Choose the correct option : 

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  • Eduncle Best Answer

    GLS method is not suitable for dealing with multicollinearity problem.

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