A Simple Regression Problem (a) Find point estimates for a, B, and o?.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:**3. A Simple Regression Problem**
**(a)** Find point estimates for α, β, and σ².
In this section, students are expected to determine the point estimates for the parameters α (alpha), β (beta), and σ² (sigma squared) in the context of a simple linear regression problem. These point estimates are typically derived using statistical methods such as Ordinary Least Squares (OLS).

Transcribed Image Text:### Data Table for Analysis
Below is a dataset presented in two columns, \( X \) and \( Y \), each containing numerical values. The dataset can be utilized for various statistical analyses such as correlation, regression, and trend analysis.
#### Data Values:
| **X** | **Y** |
|:--------:|:--------:|
| 5 | 16.1 |
| 5 | 17.4 |
| 5 | 18.7 |
| 9 | 25.9 |
| 7 | 20.3 |
| 5 | 16.1 |
| 6 | 18.2 |
| 10 | 32.1 |
| 5 | 17.3 |
| 6 | 21.6 |
| 7 | 20.9 |
| 5 | 15.9 |
| 5 | 14.2 |
| 9 | 28.1 |
| 8 | 23.2 |
| 4 | 14.8 |
| 6 | 19.7 |
| 6 | 19.0 |
| 7 | 22.8 |
| 5 | 17.9 |
| 5 | 16.3 |
| 10 | 27.9 |
| 8 | 22.6 |
| 5 | 16.8 |
| 8 | 24.1 |
#### Interpreting the Data:
This dataset can be plotted on a graph to visually examine the relationship between the \( X \) and \( Y \) variables. For example, a scatter plot will help reveal patterns, trends, or correlations. Statistical tests can be applied to determine if the relationship between \( X \) and \( Y \) is significant.
The repeated values for \( X \) and their corresponding \( Y \) values suggest that there may be an underlying pattern or other factors
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