In a simple linear regression model yi = β0 + β1xi + εi with the usual...

In a simple linear regression model y_i = β₀ + β₁x_i + ε_i with the usual assumptions show algebraically that the least squares estimator β̂₀ = b₀ of the intercept has mean β₀ and variance σ²[(1/n) + x̄² / S_xx].

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orchestra answered 1 year ago

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