Consider the following regression model: Y₁ =B₁ + B₂X₁ + U₁ where Ex? (X-X) = 1,500, Ey? (YY) = 3,000 and r² = 0.8. Usin
Posted: Sun Jul 03, 2022 1:00 pm
Consider the following regression model: Y₁ =B₁ + B₂X₁ + U₁ where Ex? (X-X) = 1,500, Ey? (YY) = 3,000 and r² = 0.8. Using this information above to calculate the numerical value for ß₂. [4 Marks]