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    Given certain conditions, find the least squares estimate.

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    Let Y1 and Y2 be independent random variables, with means theta, and 3*theta, respectively. Find the least squares estimate of theta. (See attachment)

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    https://brainmass.com/statistics/regression-analysis/given-certain-conditions-find-the-least-squares-estimate-11729

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    So, first we can write this in the usual form: Y=Xb+E. This would look like the following...

    Vec(Y1 Y2)' ...

    Solution Summary

    A step-by-step solution is provided for the following problem: Let Y1 and Y2 be independent random variables, with means theta, and 3*theta, respectively. Find the least squares estimate of theta.

    $2.49

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