Suppose you are given the following model: yi = β0 + i For a random sample of size n, using the method of least squares
Posted: Wed Jul 06, 2022 12:24 pm
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
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