Question: Simple Linear Regression Consider simple linear regression model: y = ax + b Given {{r.y )} =) .- {00} please verify that the optimal solution

Simple Linear Regression Consider simple linear regression model: y = ax + b Given {{r.y )} =) .- {00} please verify that the optimal solution i given by: 'ILE:IE-T{ ~3)(w; 7) i'l.":-""{ ) ' b = .' "f1 where T and represent the mean value of & and @ respectively. (1)

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