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Properties of the OLS Estimator

Properties of the OLS Estimator. Quantitative Methods 2 Lecture 5. Edmund Malesky, Ph.D., UCSD. Solutions for ? 0 and ? 1. OLS Chooses values of ? 0 and ? 1 that minimizes the unexplained sum of squares. To find minimum take partial derivatives with respect to ? 0 and ? 1.

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Properties of the OLS Estimator