Question

Exhibit 12-1
A regression analysis resulted in the following information regarding a dependent variable (y) and an independent variable (x).
n= 10
x= 55
y= 55
x2= 385
y2 = 385
xy= 220
Refer to Exhibit 12-1. The least squares estimate of b1equals
a. 1
b. -1
c. 5.5
d. 11

Answer

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