Under which conditions does the linear least square regression equal conditional mathematical expectations?

24 Views Asked by At

Under which conditions does the linear least square regression equal conditional mathematical expectations?

In other words: under which conditions $$\mathbb{E}[z_1|z_2=a] = \mu_1 + \beta(a - \mu_2)$$ (with $\mu_1$ and $\mu_2$ known constants).

This is trivially true under the assumption of joint normality of the vector $(z_1, z_2)$, but holds also in more general cases (e.g. multivariate Laplace distribution). Which are those other cases?