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Consider the following regression model: Yi = B1+ BzXi + ui 2 2 where E x? = (X; - X ) = 1,500, Ey? =
Consider the following regression model: Yi = B1+ BzXi + ui 2 2 where E x? = (X; - X ) = 1,500, Ey? = (Y; - Y ) 3,000 and calculate the numerical value for 2. [4 Marks]
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