Suppose you are given the following model: yi = β0 + i For a random sample of size n, using the method of least squares

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answerhappygod
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Suppose you are given the following model: yi = β0 + i For a random sample of size n, using the method of least squares

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Suppose you are given the following model:yi = β0 + i
For a random sample of size n, using the method of least squaresobtain the estimator of β0. Find its variance. Explain if theestimate of β0 makes any sense. Now consider the followingmodel:yi = β0 + β1xi + i
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