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Need help with Econometrics The following sums were obtained from 16 pairs of observations on y on x : iyi2=526;ixi2=657;ixiyi=492;iyi=64;ixi=96. Estimate the regression of y
Need help with Econometrics
The following sums were obtained from 16 pairs of observations on y on x : iyi2=526;ixi2=657;ixiyi=492;iyi=64;ixi=96. Estimate the regression of y on x and compute an unbiased estimate of the error variance 2. If the random error term ui are independent drawings from a N(0,2) population, use statistical tables to calculate P(Step by Step Solution
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