Definition: Best Linear Unbiased Predictor (BLUP)

Category: Memobust Glossary

Predictor which minimizes the square loss in the class of linear unbiased predictors (unbiasedness is referred to the model distribution). https://ec.europa.eu/eurostat/cros/content/memobust-glossary-pdf-file_en
Source:
Eurostat, ESSnet "Memobust", "Memobust Glossary" (part of the Memobust Handbook on Methodology of Modern Business Statistics), March 2014
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