Derive a formula for βˆ
1 given that β0 = 0 (i.e. the underlying linear model is Y = β1x + . In
others words, we are looking for least squares fit for where Yˆ = βˆ
1x. Hint: Sxy/Sxx is not the
correct answer. You might have to look at minimizing SSE.
Bonus: Find V (βb1) for you estimate from #10.
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