Estimate a regression using ols

Assignment Help Basic Statistics

Reference no: EM13123026

Consider the single Linear Regression Model:

Y = βX + U

without an intercept (β is a scalar constant; X is a scalar random variable). Imagine that you have taken a random sample from this population. If you estimate a regression using OLS, but you do not include an intercept, do you know if the mean of the residuals is zero? Explain.

Reference no: EM13123026

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