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In regression analysis, the error term e is a random variable with a mean or expected value of
1
x
0
u
You are given the following information about y and x.
Explanatory Variable Response Variable
3 5
1 3
4 4
3 6
5 8
a) The least squares estimate of the slope or b₁ equals
b) The least squares estimate of the intercept or b₀ equal
c) The point estimate of y when x=2 is

In regression analysis the error term e is a random variable with a mean or expected value of 1 x 0 u You are given the following information about y and x Expl class=
In regression analysis the error term e is a random variable with a mean or expected value of 1 x 0 u You are given the following information about y and x Expl class=


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