Question: For the simple linear regression model, show that the values for (widehat{beta_{1}}) and (widehat{beta_{0}}) that solve the equations (5.9) are: [ begin{gather*} widehat{beta_{1}}=frac{sum_{i=1}^{n}left(x_{i}-x ight)left(y_{i}-y ight)}{sum_{i=1}^{n}left(x_{i}-x
For the simple linear regression model, show that the values for \(\widehat{\beta_{1}}\) and \(\widehat{\beta_{0}}\) that solve the equations (5.9) are:
\[ \begin{gather*} \widehat{\beta_{1}}=\frac{\sum_{i=1}^{n}\left(x_{i}-x\right)\left(y_{i}-y\right)}{\sum_{i=1}^{n}\left(x_{i}-x\right)^{2}} \tag{5.40}\\ \widehat{\beta_{0}}=y-\widehat{\beta_{1}} x \tag{5.41} \end{gather*} \]
provided that not all \(x_{i}\) are the same.
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