The 5 Gauss Markov Assumptions You NEED TO KNOW in 5 Minutes

The 5 Gauss Markov Assumptions in 5 Minutes: In this video I talk about the 5 Gauss Markov Assumptions for an OLS Regression to be a BLUE estimator. I intuitively discuss the 5 Gauss Markov Assumptions. Timestamps: 0:00 - Why We Want the Gauss Markov Assumptions 1:28 - Linearity 2:08 - Randomness 2:37 - Non-collinearity 3:13 - Exogeneity 4:14 - Homoskedasticity