Linear Modelinghard
0:00.0

Suppose a simple linear regression model Y=β0+β1X+ϵY = \beta_0 + \beta_1 X + \epsilon is fitted using Ordinary Least Squares. If the vector of residuals e\mathbf{e} is orthogonal to the column space of the design matrix X\mathbf{X}, which of the following is a necessary condition for the OLS estimate β^\hat{\beta} to exist and be unique?