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Suppose we have the following five data points for x and y: x = (1, 2, 3, 4, 5) and y = (2, 3, 8,
Suppose we have the following five data points for x and y: x = (1, 2, 3, 4, 5) and y = (2, 3, 8, 6, 9). The regression equation is yt = + xt + ut. Compute the OLS coefficients and . On a graph, plot the five data points and the regression line.
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