Consider the following dataset. Suppose you regress Y on X using SLR model. Y = Bo + BiX +U Y 4 11 14 21 28 X 1 234 4 5
Posted: Sun Jul 03, 2022 1:02 pm
Consider the following dataset. Suppose you regress Y on X using SLR model. Y = Bo + BiX +U Y 4 11 14 21 28 X 1 234 4 5 (a) Using OLS, calculate ßo and B₁. (b) Based on your answer to (a), what is the estimated Y value for X=6? (c) Calculate SSR