dexlabanalytics

The OLS estimators for a given regression line has been obtained as: a = y ̅ – bx ̅ and b = (Cov(x,y))/(v(x)). The regression line on the basis of these OLS estimate has been given as: Y ̂_ i-Y ̅ = b(x_i-x ̅ )…..(1)

https://www.dexlabanalytics.com/blog/a-regression-line-is-the-best-fit-for-the-given-prf-if-the-parameters-are-ols-estimations-elucidate