Question

X: 3,4,5,7,8 Y:3,7,6,12,13 Find beta 0 and beta 1 Compute standard error Compute Sb1 Compute p...

X: 3,4,5,7,8

Y:3,7,6,12,13

Find beta 0 and beta 1

Compute standard error

Compute Sb1

Compute p value

Homework Answers

Answer #1

From the given data,

Price (X) Score Y) X^2 Y^2 XY
3 3 9 9 9
4 7 16 49 28
5 6 25 36 30
7 12 49 144 84
8 13 64 169 104
Total: 27 41 163 407 255

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