Question: Now, consider estimating a model using de-meaned variables. Let 0 and 1 be the intercept and slope from the regression of (y y) on (x

Now, consider estimating a model using "de-meaned" variables. Let 0 and 1 be the intercept and slope from the regression of (y y) on (x x) where y and x are the sample means for y and x, respectively. Using the results from above, how do 0 and 1 compare with the intercept and slope from the regression of y on x? (Hint: For 0, you can simplify the expression greatly by remembering that 0 = y 1x

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