Question: A Refer to part b of Exercise 11 59 Obtain 1
a. Refer to part (b) of Exercise 11.59. Obtain β1 for the model y = β1x + ɛ, where
b. Which of the two models, y = β0 + β1x + ɛ or y = β1x + ɛ, appears to give a better fit to the sample data?
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