[Solution Library] Consider the model y=β_0+β_1x+u. With 10 data points we have:


Question: Consider the model \(y={{\beta }_{0}}+{{\beta }_{1}}x+u\). With 10 data points we have:

\[X'X=\left( \begin{matrix} 10 & 500 \\ 500 & 28400 \\ \end{matrix} \right)\] , \[X'y=\left( \begin{matrix} 1100 \\ 61800 \\ \end{matrix} \right)\]

SSTotal = 134660, SSResidual = 60

  1. Find \({{\hat{\beta }}_{0}}\) and \({{\hat{\beta }}_{1}}\).
  2. Find a 95% confidence interval for the mean response of y at x = 50.

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in