[Questions 12 - 14] Suppose you run a linear least squares regression of Y on X. The estimated regression line is Y = 3

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Questions 12 14 Suppose You Run A Linear Least Squares Regression Of Y On X The Estimated Regression Line Is Y 3 1 (85.41 KiB) Viewed 50 times

[Questions 12 - 14] Suppose you run a linear least squares regression of Y on X. The estimated regression line is Y = 3 + 2x 13. You get an additional data point with X = 2 and Y = 7 and run the regression again including the new data point. What happens to the estimated slope coefficient? A. It increases. B. It decreases. C. It remains the same. D. Cannot tell based on the information given.