Solution-Derive a formula for the least-squares estimator

Derive a formula for the least-squares estimator

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Reference no: EM131131893

Consider the regression model Y = B0 + b1xi + ui

a) Suppose you know that B0=0. Derive a formula for the least-squares estimator of B1.

b) Show your estimator from part a is consistent.

Reference no: EM131131893

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Derive a formula for the least-squares estimator

Reference no: EM131131893

Reference no: EM131131893

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