regression

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The average height of people in Faroe island is 180cm. Suppose you run a regression with no independent variables. What would be the estimated form of your regression?

Expert Solution
Step 1: Specifying the regression model with independent variable.

The estimated linear regression model with the independent variable is obtained as:
Yi^=β0+β1X1+β2X2+...+βiXi+ui
where
β0 is the y-intercept
β1,β2,...,βi is the slope
Yiis the dependent variable
X1,X2,...,Xi are the independent variables 

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