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Consider the model GPA = 0 + 1 ACT + u using the data below, compute the intercept and slope estimates using OLS Students GPA
Consider the model GPA = 0 + 1ACT + u
using the data below, compute the intercept and slope estimates using OLS
| Students | GPA | ACT |
| 1 | 2.8 | 21 |
| 2 | 3.4 | 24 |
| 3 | 3.0 | 26 |
| 4 | 3.5 | 27 |
| 5 | 3.6 | 29 |
| 6 | 3.0 | 25 |
| 7 | 2.7 | 25 |
| 8 | 3.7 | 30 |
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Precalculus Enhanced With Graphing Utilities
Authors: Michael Sullivan, Michael Sullivan III
7th Edition
0134268210, 9780134268217
