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Consider the simple linear regression model y =0+1 x + where the intercept 0is known. Find the least-squares estimator of 1for this model. Does this
Consider the simple linear regression modely=0+1x+
where the intercept0is known.
- Find the least-squares estimator of1for this model. Does this answer
seem reasonable?
- What is the variance of the slope(1)for the least-squares estimator found in part a?
- Find a 100(1)percent CI for1. Is this interval narrower than the estimator for the case where both slope and intercept are unknown?
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