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The following 10 observations of variables x and y were collected. x y 1 25 2 22 3 20 4 23 5 14 6 18
The following 10 observations of variables x and y were collected.
| x | y |
| 1 | 25 |
| 2 | 22 |
| 3 | 20 |
| 4 | 23 |
| 5 | 14 |
| 6 | 18 |
| 7 | 12 |
| 8 | 13 |
| 9 | 6 |
| 10 | 4 |
Find the least squares regression line and estimate the value of y when x = 1. Report your answer to three decimal places.
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Advances In Mathematical Economics Volume 19
Authors: Shigeo Kusuoka, Toru Maruyama
1st Edition
4431554890, 9784431554899
