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Consider the following regression model: Y₁ = B₁ + B₂X₁ + Ui 2 2 where Ex? =(X; -X)= 1,500, Σy? = (Y₁ - Y)= 3,000 and ca
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Consider the following regression model: Y₁ = B₁ + B₂X₁ + Ui 2 2 where Ex? =(X; -X)= 1,500, Σy? = (Y₁ - Y)= 3,000 and ca
Consider the following regression model: Y₁ = B₁ + B₂X₁ + Ui 2 2 where Ex? =(X; -X)= 1,500, Σy? = (Y₁ - Y)= 3,000 and calculate the numerical value for B₂. [4 Marks]