(a) Suppose the linear model is Y = Br+e where E(e) = 0. Given data points (z1, y1), (2, 92),...(n, Yn) find the least square estimator B of 8 i.e. find B which minimizes sum of squared errors (SSE). (b) Is B an unbiased estimator of 3?

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no intercept model
(a) Suppose the linear model is Y = Br+e where E(e) = 0. Given data points (r1, y1), (2, 2),....(n, Un)
find the least square estimator 3 of B i.e. find B which minimizes sum of squared errors
(SSE).
(b) Is B an unbiased estimator of 3?
Transcribed Image Text:no intercept model (a) Suppose the linear model is Y = Br+e where E(e) = 0. Given data points (r1, y1), (2, 2),....(n, Un) find the least square estimator 3 of B i.e. find B which minimizes sum of squared errors (SSE). (b) Is B an unbiased estimator of 3?
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