[Steps Shown] [11 points] Consider the following data, where all summations are over the index i: Following the example of week 6 lecture note at page 6:
Question: [11 points] Consider the following data, where all summations are over the index i:
Following the example of week 6 lecture note at page 6:
Our formula for the slope coefficient is
Our formula for the intercept coefficient is
The predicted regression is
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Use your results from above information to complete the following table, putting the sums in the last row. 3 pts
- Show \(\bar{Y}\) that in two difference ways, \(\bar{Y}={{b}_{0}}+{{b}_{1}}\bar{X}\) and \(\bar{Y}=\frac{\sum{{\hat{Y}}}}{N}\) to see if the same?
- Compute \({{\hat{\sigma }}^{2}}\) ? 3 pts
- Compute \(\operatorname{var}\left( {{b}_{1}} \right)\) and the standard error of \({{b}_{1}}\), \(SE\left( {{b}_{1}} \right)\) ? 3 pts
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