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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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