Question: Based on a regression model that contains an intercept and a single explanatory variable, we computed the following where SSR is the sum of squared

 Based on a regression model that contains an intercept and a

Based on a regression model that contains an intercept and a single explanatory variable, we computed the following where SSR is the sum of squared residuals: XX=[7222],(XX)1=[0.20.20.20.7],Xy=[2212],SSR=40 where =[0,1] is the vector of unknown population parameters, and ^=[^0,^1] is the vector of OLS estimators, Note: =(XX)1Xy Find the variance of the regression, ^2

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