Question: Suppose the average polling result in your sample is ( {Y}=23 ) (that is, 23 percentage points), and average campaign spending (in millions of dollars)
Suppose the average polling result in your sample is Y=23 (that is, 23 percentage points), and average campaign spending (in millions of dollars) is X=5, with sample standard deviation st.dev. (X)=3, and the sample covariance between polling results and campaign spending is C^(Yi,x1i)=36. Give the numerical value of your estimates b^1 and b^0. What do your estimates predict a candidate would have to spend in order to get a polling result of, say, 51 (that is, a strict majority)
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