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LudwigNagasena 3 days ago

OLS estimator is the minimum-variance linear unbiased estimator even without the assumption of Gaussian distribution.

rjdj377dhabsn 3 days ago | parent [-]

Yes, and if I remember correctly, you get the Gaussian because it's the minimum entropy (least additional assumptions about the shape) continuous distribution given a certain variance.

porridgeraisin 3 days ago | parent [-]

And given a mean.