Question: Could you please explain me how to solve this task? I'd be very grateful. Consider the regression model Y;- = [30 +181XI- + iii. (a)

Could you please explain me how to solve this task? I'd be very grateful.

Consider the regression model Y;- = [30 +181XI- + iii. (a) specify the least squares function that is minimized by OLS. (b) Compute the partial derivatives of the objective function with respect to 70 and 291. (c) Derive a formula for the least squares estimator of [30 and ,8]. That is, show that 31: (H) (H)

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