Suppose the grade-point average (GPA) for a student can be accurately predicted from the students score on

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Suppose the grade-point average (GPA) for a student can be accurately predicted from the student’s score on the GMAT (Graduate Management Admissions Test). More specifically, suppose that the ith student observed has a GPA of yi and a GMAT score of xi. How can we use the least squares method to estimate a hypothesized relation of the form yi =

a + bxi?

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