Use this covariance matrix to find the estimated variance of the estimated mean of y when z = 8. What is the estimated variance? (Note that the estimated mean of y when z = 8 is Bo + B1 - 8.)

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 1E
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7. Suppose we run a simple linear regression and find the estimated covariance matrix of the parameter
estimators is:
13.4 -62.0
-62.0 308.5
Use this covariance matrix to find the estimated variance of the estimated mean of y when I
8.
What is the estimated variance? (Note that the estimated mean of y when z = 8 is 3o + B1 · 8.)
Transcribed Image Text:7. Suppose we run a simple linear regression and find the estimated covariance matrix of the parameter estimators is: 13.4 -62.0 -62.0 308.5 Use this covariance matrix to find the estimated variance of the estimated mean of y when I 8. What is the estimated variance? (Note that the estimated mean of y when z = 8 is 3o + B1 · 8.)
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