Based on 1337 data points, the following equation was estimated using OLS.From this fragment of data below, calculate the predicted/fitted value for the 445th data point. (3 significant digits in final answer): Ghat = 11.7 + 2.5W Observation 443 444 445 G 92 144 97 24 30 32 Answer:

Based on 1337 data points, the following equation was estimated using OLS.From this fragment of data below, calculate the predicted/fitted value for the 445th data point. (3 significant digits in final answer): Ghat = 11.7 + 2.5W Observation 443 444 445 G 92 144 97 24 30 32 Answer:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Based on 1337 data points, the following equation was estimated using OLS.From this fragment
of data below, calculate the predicted/fitted value for the 445th data point. (3 significant digits in
final answer): Ghat = 11.7 + 2.5W
Observation
443
444
445
G
92
144
97
24
30
32
Answer:

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