Question: Suppose we have a simple linear regression scenario with n = 5.We find the 5 residuals are: 3.1, -2.5, -1.7, -1.4, 2.5. What is the

Suppose we have a simple linear regression scenario withn= 5.We find the 5 residuals are: 3.1, -2.5, -1.7, -1.4, 2.5.

What is the best estimate of2, the variance about the regression line?

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