Consider the simple linear regression model Yi = BO + B1XI + Ei (a) What is the implication for the regression function if B1 = 0? How would the regression function plot on a graph? (b) Under the assumption of B1 = 0, derive the least-squares estimate of BO? %3D

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M5
Consider the simple linear regression model Yi =
BO + B1Xi + Ei
(a) What is the implication for the regression
function if B1 = 0? How would the regression
function plot on a graph?
(b) Under the assumption of B1 = 0, derive the
least-squares estimate of BO?
Transcribed Image Text:Consider the simple linear regression model Yi = BO + B1Xi + Ei (a) What is the implication for the regression function if B1 = 0? How would the regression function plot on a graph? (b) Under the assumption of B1 = 0, derive the least-squares estimate of BO?
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