Assume that we have the usual Simple Linear Regression model given by: Yi Bo + Bixi +8 Show that in this case: R² = Txy Where is the correlation coefficient between x and y.

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Assume that we have the usual Simple Linear Regression model given by:
Y₁ = Bo + Bixi +8
Show that in this case:
Where Txy
R² = rzy
is the correlation coefficient between x and y.
Transcribed Image Text:Assume that we have the usual Simple Linear Regression model given by: Y₁ = Bo + Bixi +8 Show that in this case: Where Txy R² = rzy is the correlation coefficient between x and y.
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