Comment on Why does a least squares fit appear to have a bias when applied to simple data?parentComments−RA_Fisher8moThe issue in that case is that OLS is BLUE, the best linear unbiased estimator (best in the sense of minimum variance). This property is what makes OLS exceptional.
Comments
The issue in that case is that OLS is BLUE, the best linear unbiased estimator (best in the sense of minimum variance). This property is what makes OLS exceptional.