Assume that the two variables x and y are related according to the simple linearregression model. Summary quantities aren = 15,Σy- 582,Σν-23640,Σx= 53 ,Σχ2-167.42andE xy= 1687.9.Calculate the least squares estimate of the slope and intercept.

We know, Slope=∑ xy-1n∑ x∑ y∑ x2-1n∑ x2 =1687.9-115×53×582167.42-115×532 =18.567

Assume that the two variables x and y are related according to the simple linear regression model. Summary quantities are n = 15, Σy- 582 , Ey? = 23640, Σx 53, Σχ2167,42 and E xy = 1687.9. Calculate the least squares estimate of the slope and intercept.

Assume that the two variables x and y are related according to the simple linear regression model. Summary quantities are n = 15, Σy- 582 , Ey? = 23640, Σx 53, Σχ2167,42 and E xy = 1687.9. Calculate the least squares estimate of the slope and intercept.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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