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Except for Linear Model case, the optimal MVU estimator might: 1. not even exist 2. be difficult or impossible to find ⇒ Resort to a sub-optimal estimate BLUE is one such sub-optimal estimate Idea for BLUE: 1. Restrict estimate to be linear in data x 2. Restrict estimate to be unbiased 3. Find the best one (i.e. with minimum variance)
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