Question

You are given the following information about y and x.

Dependent Variable y	Independent Variable x
12	4
3	6
7	2
6	4

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Refer to Exhibit 12-6. The least squares estimate of b₀ equals

Question 14 options:

	1
	-1
	-11
	11

Answer 1

From the given summary output we get-

Regression equation -

Y^ = -1 * x + 11

Hence we get b0 = 11 and b1= -1

The least squares estimate of b₀  equals to 11

Hope this will help you. Thank you :)