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Q1, part B In the class notes, we used intuition to argue the regression property, corr(X, e) = 0. Show this directly results from the
Q1, part B In the class notes, we used intuition to argue the regression property, corr(X, e) = 0. Show this directly results from the formula for b1. Hint: substitute, e; = Y; - bo - b1X, into corr(X, e)
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