Consider the following simple linear regression model: Y₁ = B₁ + B₂X₁ + Ui b. a. Derive an expression for the OLS estima

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Consider The Following Simple Linear Regression Model Y B B X Ui B A Derive An Expression For The Ols Estima 1 (41.72 KiB) Viewed 11 times

Consider the following simple linear regression model: Y₁ = B₁ + B₂X₁ + Ui b. a. Derive an expression for the OLS estimator $₂. Show that B₂ is a linear function of Y₁. Show that B₂ is a linear function of u₁. d. Show that B₂ is an unbiased estimator of B₂. e. Show that B₂ has minimum variance. c.