# The Gauss Markov Theorem

When studying the classical linear regression model, one necessarily comes across the Gauss-Markov Theorem. The Gauss-Markov Theorem is a central theorem for linear regression models. It states different conditions that, when met, ensure that your estimator has the lowest variance among all unbiased estimators. More formally, Continue reading The Gauss Markov Theorem

The following post is going to derive the least squares estimator for $\beta$, which we will denote as $b$. In general start by mathematically formalizing relationships we think are present in the real world and write it down in a formula.