Consider the following observed values of (x i , y i ): (1, 3) (2, 4) (3,

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Consider the following observed values of (xi, yi): (1, 3) (2, 4) (3, 8) (4, 9)

1. Find the estimated regression line= Bo + x,

based on the observed data.

2. For each xi, compute the fitted value of yi usingji =  + ;.

3. Compute the residuals, ei = yi − ^yi and note that4 e = 0. i=1 W

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