An economist is interested in predicting the GDP per capita in Afghanistan based on Algeria. He hasdata from 2012 - 2019. Find the least-squares regression equation.year Afghanistan Algeria20121770 1320020131810 1330020141800 13500201520162017201820191770 138001760 139001760 139001740 139001760 14000Oyhat= 59624.1-27.25xOyhat= 2485 -0.052xOyhat= -59624.1 + 27.25xOyhat= -2485 +0.052x

Let y be the GDP per capita in Afghanistan. And x be the GDP per capita in Algeria. The data of…

Answered: An economist is interested in…

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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