Econometrics questions i think :-S?

Question

does anyone have any idea whatsoever on how to go about answering this question???? i'm completely stuck!!!!

assume an independent and identically distributed sample of i observations, (Xi Yi) for i = 1, 2,....,n. derive analytically the form of the OLS estimators for Bo and B1, if the variables are related by the folowing linear regression model Y = Bo + B1X1 + e.

Answer 1

It's statistics. You're supposed to work out a formula to estimate the parameters B0 and B1 using a least squares fit.

You should be able to find the answer in any basic statistics textbook. Look up linear regression. (Or ask the question in the Mathematics category.)