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Least Square Estimators - Variance of Estimators, b0 and b1, Proof

Stats4Everyone 40,370 4 years ago
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** NOTE: At minute 11:48, I forgot to write the "squared" above X-bar. Later, at minute 28:26, when I summarize everything I found and solve for Var(b0), I do have X-bar squared. This was a mistake at minute 11:48, though it was not a mistake that I carried to my solution (the solution at the end of the video is correct). The centered model is referenced in this video; here is a link with more discussion of the centered model: https://youtu.be/zD-zN6VkX-A

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