Question: Given the N = 50 data points, formulate the linear regression problem. Specifically, write down the expression (7) What are y, X, and 3?

Given the N = 50 data points, formulate the linear regression problem. 

Given the N = 50 data points, formulate the linear regression problem. Specifically, write down the expression (7) What are y, X, and 3? Derive the optimal solution for this simple regression problem. Express your answer in terms of X and y. 3= argminy - XB||2.

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