Let 1 denote theeffectof x in theregressionequationusing x to predict y and let 1 denote the

Question:

Let β1 denote theeffectof x in theregressionequationusing x to predict y and let β∗

1 denote the effectof y in theregressionequationusing y to predict x. Showthatthecorrelation r is the geometricmean(Exercise1.44)of ˆβ1 and ˆβ∗

1 .

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: