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32:03
YouTube
Econometrics and Analytics
ECO375F - 1.0 - Derivation of the OLS Estimator
This is the 1st tutorial for ECO375F. We cover the derivation of the Ordinary Least Squares Estimator. 1) Review: Linear model 2) OLS Minimization Problem 3) First Order Conditions and Implications (Sum of residuals = 0) 4) Derivation of the OLS Estimators b0 and b1
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