Question: Given data on y and x, explain how you will estimate the parameters in the following equations by using the ordinary least squares method. Specify
Given data on y and x, explain how you will estimate the parameters in the following equations by using the ordinary least squares method. Specify the assumptions you make about the errors.
(a) y=ax
(b) y=ae
(c) ya+Blog x
(d) y=a1-7
(e) y
(f) y=a+Bx (g) y mate (h) y=?
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