(Solution Library) (20 points) Examine the five pairs of data points given in the following table: i 1 2 3 4 5 X i -2 -1 0 1 2 Y i 4 1 0 1 4 What is the mathematical


Question: ( 20 points ) Examine the five pairs of data points given in the following table:

i 1 2 3 4 5
X i -2 -1 0 1 2
Y i 4 1 0 1 4
  1. What is the mathematical relationship between X and Y?
  2. Show by computation that, for the straight-line regression of Y on X, \[{{\hat{\beta }}_{1}}=0\] .
  3. Show by computation that r=0
  4. Why is there apparently no relationship between X and Y, as indicated by the estimates of \[{{\beta }_{1}}\] and \[\rho \] ?

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