Suppose the simple linear regression model, Y; = Bo + B1 a; + Ej, is used to explain the relationship between x and y.A random sample of n10 values for the explanatory variable (x) was selected and the corresponding values of theresponse variable (y) were observed. The summary statistics were:Σ.8, Συ- 10 , Σα,y 9.5,Σ-7.4, Σ-20 4. What is the estimate of the intercept coefficient, Bo?O -0.20.7450.2O -11.5

Given that n=10 ∑x=8,∑y=10,∑xy=9.5,∑x2=7.4,∑y2=20

Answered: 4. What is the estimate o O -0.2 O…

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4. What is the estimate o O -0.2 O 0.745

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter3: Straight Lines And Linear Functions

Section3.4: Linear Regression

Problem 12SBE: Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4

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