Dear Sirs:

Please guide me on the difference between the Ordinary
Least square (OLS)Regression, Generalized least square
(GLS) regression and the Seemingly unrelated
regression (SUR). What are the situations / reasons
where GLS or SUR is preferred over OLS? And why?

I know the modus operandi of OLS technique and very
well understand the underlying assumptions of the
method. However, later two are new to me.Please help.

Thanks

Manoj

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