The average SAT verbal score for students from one high school over the last ten exams is
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Question:
- The average SAT verbal score for students from one high school over the last ten exams is
508, 490, 502, 505, 493, 506, 492, 490, 503, 501
Estimate the parameter (b0, b1) of the linear trend equation:T = b0 + b1 t, where T = trend value of the time series in period t.
Please show how to work problem, not just the answer. I am a little lost.
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