You are given the following data based on 10 pairs of observations on Y and X. yi
Question:
∑yi = 1110 ∑Xi = 1680 ∑XiYi = 204,200
∑X2i = 315,400 ∑Y2i = 133,300
Assuming all the assumptions of CLRM are fulfilled, obtain
a. b1[ and b2.
b. standard errors of these estimators.
c. r2
d. Establish 95% confidence intervals for B1 and B2.
e. On the basis of the confidence intervals established in (d), can you accept the hypothesis that B2= 0?
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a b 1 2122 b 2 05344 b seb 1 85894 seb ...View the full answer
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