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The data for the dependent variable (Y) and independent variable (X) is given as; Y 4 5 X 1 4 5 6 7 12
The data for the dependent variable (Y) and independent variable (X) is given as; Y 4 5 X 1 4 5 6 7 12 a. Estimate and 2 and write down it in the equation form. B is intercept and 2 is slope) b. Predict the values of Y and C. Show that the estimates used in the model are in fact the OLS estimates. d. Interpret the results.
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Financial Accounting Information For Decisions
Authors: Robert w Ingram, Thomas L Albright
6th Edition
9780324313413, 324672705, 324313411, 978-0324672701
