Show that b ^β0 is an unbiased estimator of β0. (Hint: Use the fact that ^β1 isunbiased.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphs To Economics
Problem 6SQ
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Show that b ^β0 is an unbiased estimator of β0. (Hint: Use the fact that ^β1 is
unbiased.

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