Question: Consider the linear regression model where and where x1 = xi1/n and x2 = xi2/n. (a) Write out the least squares normal equations for this
(b) Verify that the least squares estimate of the intercept in this model is Bo = Σyi/n = y.
(c) Suppose that we use yi = y as the response variable in the model above. What effect will this have on the least squares estimate of the intercept?
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a f BoB1B Yy B B B5 2EU B B B5 of ao a 2v Bo B X Xq2 x xj 2v ... View full answer
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