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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