Question: We consider linear regression with known standard deviation =1. After collecting 48 data points, we have the following summary statistics: 48 Xi=5.671304, i=1 48 Yi=33.06696,
We consider linear regression with known standard deviation
=1.
After collecting 48 data points, we have the following summary statistics:
48
Xi=5.671304,
i=1
48
Yi=33.06696,
i=1
48
(XiX)^2=44.12922,
i=1
48
(YiY)^2=236.5728
i=1
and
48
(XiX)(YiY)=88.99019.
i=1
Predict the y-value
Y49
that would be paired with a new x-value
X49=3.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
