202405161153
Status: #idea
Tags: Simple Linear Regression

Properties of Least Square Estimators in SLR

β^1=SSxySSxx$$where$SSxy=∑i=1nXiYi−nX¯Y¯=∑i=1nYi(Xi−X¯)=∑i=1nXi(Yi−Y¯)=∑i=1n(Xi−X¯)(Yi−Y¯)$and$SSxx=∑i=1nXi2−nX¯2=∑i=1n(Xi−X¯)2$

\hat\beta_0 = \bar Y-\hat\beta_1 \bar X

ergothefittedline(estimate)is:

\hat Y = \hat \beta_0 + \hat \beta_1 X_i

\sigma^2 = \sum_{i=1} \frac{(y_i-\hat y_i)^2}{n-2} = \sum_{i=1} \frac{\varepsilon_i^2}

Alltheseestimatorsareunbiased.References