(Requires Calculus)Consider the Following Model $$Y _ { i } = \beta _ { 0 } + u _ { i } .$$

question 40

Essay

(Requires Calculus)Consider the following model: $$Y _ { i } = \beta _ { 0 } + u _ { i } .$$
Derive the OLS estimator for $\beta _ { 0 }$ .

---

Definitions:

Past-Due

Referring to a payment or obligation that has not been met by its deadline.

Breach of Contract

The failure to perform as specified in a legally binding contract, which can lead to legal actions and damages.

Disputed Claim

A contested assertion of a right or demand that is subject to disagreement between parties.

Past Obligation

Obligations or duties that were required or expected to be fulfilled in the past.