Consider the following regression model: Y₁ = B₁ + B₂X₁ + Ui where Σ x² = (X₁ - X) = 1,500, Σy? = (Y₁ − Ỹ ) = 3,000 and

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answerhappygod
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Consider the following regression model: Y₁ = B₁ + B₂X₁ + Ui where Σ x² = (X₁ - X) = 1,500, Σy? = (Y₁ − Ỹ ) = 3,000 and

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Consider the following regression model: Y₁ = B₁ + B₂X₁ + Ui where Σ x² = (X₁ - X) = 1,500, Σy? = (Y₁ − Ỹ ) = 3,000 and r² = 0.8. Using this information above to calculate the numerical value for $₂.
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