Compute the OLS estimator of beta0 and beta 1 (Include in your answer all details)
Exercise II:
Consider the model
1- Compute the OLS estimator of beta0 and beta 1 (Include in your answer all details)
2- Compute R2 and give your comment. (Include in your answer all details)
Exercise III:
Consider the simple linear regression model for which the population regression equation can be written in conventional notation as:
Derive the Ordinary Least Squares estimator (OLS) of beta1 and beta2. Include in your answer details of the proof.
Hint
EconomicsAny code necessiates subjection to each calculation step while estimating the coefficients, p-values, and standard errors. Any interest towards coding an OLS function rather that in step-oriented computation is viable as well....
Any code necessiates subjection to each calculation step while estimating the coefficients, p-values, and standard errors. Any interest towards coding an OLS function rather that in step-oriented computation is viable as well.