Question

Exhibit 14-5 You are given the following information about x and y. x Independent Variable y...

Exhibit 14-5
You are given the following information about x and y.

x
Independent Variable
y
Dependent Variable
1 5
2 4
3 3
4 2
5 1


Refer to Exhibit 14-5. The least squares estimate of b0 (intercept)equals ______.

a. 5
b. 1
c. 6
d. –1

Refer to Exhibit 14-5. The least squares estimate of b1 (slope) equals _____.

a. 1
b. 5
c. –1
d. 6

Homework Answers

Answer #1

=>Least squares estimate of bo(intercept) equals "6"

Option C correct

=> The least squares estimate of b1(slope) equals to "-1"

Therefore, option C correct

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