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Exhibit 12-3 - You are given the following information about y and x. Note: Cov(x,y) = -3.5 find sx sy to get rxy and you
Exhibit 12-3 - You are given the following information about y and x. Note: Cov(x,y) = -3.5 find sx sy to get rxy and you can solve for slopeor use excel
y Dependent Variable x Independent Variable
11 4 06 72 64
5. Refer to Exhibit 12-3. The least squares estimate of b1 equals
a. 13
b. 37.5
c. -1.75
d. 1.75
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