ECO375F - 1.0 - Derivation of the OLS Estimator

This is the 1st tutorial for ECO375F. We cover the derivation of the Ordinary Least Squares Estimator. 1) Review: Linear model 2) OLS Minimization Problem 3) First Order Conditions and Implications (Sum of residuals = 0) 4) Derivation of the OLS Estimators b0 and b1