Question: You are given five observations for two variables, and y. Assume you use simple linear regression to study the relationship between the two variables. 24

You are given five observations for two variables, and y. Assume you use simple linear regression to study the relationship between the two variables. 24 21 13 17 10 45 32 38 21 23 The assumed regression model is y-Bo + B + +E. 1.5 pts Question 28 b. Compute the mean value for the dependent variable (y) 31.8 3 pts Question 29 c. Compute ( 2-2) (Yi-y) 3 pts Question 30 d. Compute (24 - ) Question 31 2 pts e. The least squares estimate of the slope (b1) equals Question 32 2 pts f. The least squares estimate of the intercept (bo) equals

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