Question
consider the following data on Y and X Y X 15 16 18 25 27 40...
consider the following data on Y and X
Y X
15 16
18 25
27 40 you are estimate the equation Y=a+Bx+e
a- determine the OLS estimate the slope coefficient,B
b- determine the OLS estimate of the constant term,a{alpha}
c- interpret the meaning of the estimate slop coefficient that you have estimate in words
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