[Solved] Suppose y#770;=beta #770;_0+beta #770;_1x is the OLS estimation function for the population y=β_0+β_1x+u. Show the property of unbiasedness
Question: (5 points) Suppose \(\hat{y}={{\hat{\beta }}_{0}}+{{\hat{\beta }}_{1}}x\) is the OLS estimation function for the population \(y={{\beta }_{0}}+{{\beta }_{1}}x+u\). Show the property of unbiasedness of the OLS estimators.
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