Midterm: 85 76 87 73 92 85 93 66 85 68 Final: 83 78 85 75 93 88 92 72 85 73 Assume the final score Y of each student is linearly related to their midterm score X as Y = a +3X + ε subject to an independent random error ɛ ~ N(0, 0²), for some unknown parameters a, ß, o (with o > 0). (i) Compute the MLE estimates of a, ß, o for the sample. (ii) Plot the least squares regression line for these data, using the midterm score as the x-variable and the final score as the y-variable.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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Midterm: 85 76 87 73 92 85 93 66 85 68
Final: 83 78 85 75 93 88 92 72 85 73
Assume the final score Y of each student is linearly related to their midterm score X as
Y = a +3X + €
subject to an independent random error ɛ ~ N(0, 0²), for some unknown parameters a, ß, o
(with o > 0).
(i) Compute the MLE estimates of a, ß, o for the sample.
(ii) Plot the least squares regression line for these data, using the midterm score as the
x-variable and the final score as the y-variable.
(iii) Draw the vertical distances from the line to the data points. How do they compare to
the MLE of o you computed in part (i)?
Transcribed Image Text:Midterm: 85 76 87 73 92 85 93 66 85 68 Final: 83 78 85 75 93 88 92 72 85 73 Assume the final score Y of each student is linearly related to their midterm score X as Y = a +3X + € subject to an independent random error ɛ ~ N(0, 0²), for some unknown parameters a, ß, o (with o > 0). (i) Compute the MLE estimates of a, ß, o for the sample. (ii) Plot the least squares regression line for these data, using the midterm score as the x-variable and the final score as the y-variable. (iii) Draw the vertical distances from the line to the data points. How do they compare to the MLE of o you computed in part (i)?
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