Question: You have fit a multiple linear regression model and the (X'X) 1 matrix is: (a) How many regressor variables are in this model? (b) If

You have fit a multiple linear regression model and the (X'X)ˆ’1matrix is:

0.893758 -0.0282448 -0.0175641 (X'X) =|-0.028245 0.0013329 0.0001547 0.0001547 0.0009108 %3D |-0.017564

(a) How many regressor variables are in this model?

(b) If the error sum of squares is 307 and there are 15 observations, what is the estimate of σ2?

(c) What is the standard error of the regression coefficient β1?

0.893758 -0.0282448 -0.0175641 (X'X) =|-0.028245 0.0013329 0.0001547 0.0001547 0.0009108 %3D |-0.017564

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