Deriving the OLS Estimators in Simple Linear Regression Model - Part 1

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In this video I derive the Ordinary Least Squares Estimates in a simple Linear Regression Model. This video is part 1 of 2.
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This was a very clear way of explaining it! I pay thousands of dollars for professors to ignore my requests for help and could not care less if their students pass or not. You're a great teacher, unlike everyone at Krannert Management School of Purdue U. Thank you!!!!

derekstreidl
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I spent whole day trying to understand this but I finally did thanks to your video. Thank you so much

shireenkhan
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Thanks a lot. It was easy to understand and explained really well. I appreciate it.

sushmithags
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Probably the best video of this topic, thanks for this!

pruthvinbatham
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Thank you! This video helped me understand with ease. Great explanation

akshar
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Your are a friend my friend!! Thank you!

ivioalves
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Nice and wonderful content. I would be very happy if you can calculate the coefficient in case of TLS or total least square method too

aloybackbanerjeeup
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Can you please show one more thing of this calculation. Like how we can obtain intercept and slope of B0 and B1 after shifting line l to l'?

UniverseGames
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This video is so helpful and clearly explained. Thank you so much!

But Please does anyone know why alpha hat a^ (which is not indexed by i) is in the summation but beta hat B^ gets taken out ?

oghenefejiroagbi
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Thank you man, but why are we minimizing with respect to a and not x?

Lucyferandtheson
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Man, thanks are not enough. But, thanks from the bottom of my harth.

peacego
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Why after 1/n multiplication that alpha and beta becomes their respective hats

Economics
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It is good but indeed there are some areas that need to be further clearly explained just like what others have oberseved

mathiasmbendela
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I was beginning to think there is something wrong with my brain I understand this but in class I absolutely don't understand what those prof are doing and have to figure it out outside class.

ele
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but why is alpha an inner function hmm

Akshay-cjhq
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if you divide the first derivative by 2, should the answer be (yi-a^-b^xi)/2 = 0

You just casually got rid of the 2 and the minus sign??
🤔

aslay
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Sir, great video. I need a little help, I have a question which I'm not understanding properly. Can you make a video of it to explain it to us. I can share the question to you, if you provide me your email address. It will be really helpful. Thanks in advance

UniverseGames