Question: Question 7 (1 point) In a simple linear regression model, R =02. _ () - Y)? = 20 . How much is _i-1 (Yi -

Question 7 (1 point) In a simple linear regression model, R"

Question 7 (1 point) In a simple linear regression model, R" =02. _ () - Y)? = 20 . How much is _i-1 (Yi - Y)"? Round your answer to the nearest third decimal. Your Answer: Answer Question 8 (1 point) Given the same data, Eric and Kennedy are considering different regression models. Eric considers the regression model Y? = Bo + PIX, + uj. His OLS estimates are 2.6 for Do and -4.6 for B1. Kennedy considers the regression model X; = 0 + 01Y + 6; . What is the OLS estimate for 1 ? Round your answer to the nearest three decimals. Your

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