Question: Consider the linear regression model y; = g. + chi = 1, . . . ,n with n = 2 and Y = (2,4)'. a)

Consider the linear regression model y; = g. + chi = 1, . . . ,n with n = 2 and Y = (2,4)'. a) Write the regression model in the matrix form of Y = X19 + E by specifying X,Y, B, and E- b) Provide the least square estimate of 30. C} Draw the data in twodimensional space. Draw the orthogonal projection of Y on the column space C(X}. Identify 1.? and the residual VECtOf E

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