Question: please solve it step by step thank you. Simple Regression in a Spreadsheet Suppose you have the following data on 11 student's combined SAT scores

 please solve it step by step thank you. Simple Regression in

a Spreadsheet Suppose you have the following data on 11 student's combinedplease solve it step by step thank you.

Simple Regression in a Spreadsheet Suppose you have the following data on 11 student's combined SAT scores (X) and their cumulative grade point average at graduation (Y). (a) Write down the econometric model relating X and Y (i.e. the linear regression model). (b) Calculate the following: n;X;Y;(XiX)(YiY);(XiX)2;^0 and ^1. (c) Calculate Y^i and u^i for each observation. (d) Calculate R2. (e) Compute u^i. Explain why do you get this result. Simple Regression in a Spreadsheet Suppose you have the following data on 11 student's combined SAT scores (X) and their cumulative grade point average at graduation (Y). (a) Write down the econometric model relating X and Y (i.e. the linear regression model). (b) Calculate the following: n;X;Y;(XiX)(YiY);(XiX)2;^0 and ^1. (c) Calculate Y^i and u^i for each observation. (d) Calculate R2. (e) Compute u^i. Explain why do you get this result

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