Question: 1. Simple Regression in a Spreadsheet Suppose you have the following data on 11 student's combined SAT scores (X) and their cumu- lative grade
1. Simple Regression in a Spreadsheet Suppose you have the following data on 11 student's combined SAT scores (X) and their cumu- lative grade point average at graduation (Y). Yi Xi 3.63 1490 2.37 1300 3.33 1510 3.32 1420 3.27 1490 2.37 1180 3.61 1550 3.23 1460 2.59 1300 3.30 1450 3.21 1550 (a) Write down the econometric model relating X and Y (i.e. the linear regression model). (b) Calculate the following: n; X;Y; (XX)(Yi - Y); (Xi - X); Bo and B. (c) Calculate ; and , for each observation. (d) Calculate R. (e) Compute. Explain why do you get this result.
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