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BLUE - Best Linear Unbiased Estimator

BLUE stands for Best Linear Unbiased Estimator

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How to abbreviate Best Linear Unbiased Estimator? Best Linear Unbiased Estimator can be abbreviated as BLUE What does BLUE stand for? BLUE stands for Best Linear Unbiased Estimator. What does Best Linear Unbiased Estimator mean?

In statistics, the Gauss–Markov theorem, named after Carl Friedrich Gauss and Andrey Markov, states that in a linear regression model in which the errors have expectation zero and are uncorrelated and have equal variances, the best linear unbiased estimator (BLUE) of the coefficients is given by the ordinary least squares (OLS) estimator.

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BLUE - Best Linear Unbiased Estimator

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Alternative definitions of BLUE

View 10 other definitions of BLUE on the main acronym page

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