Question: You are given the following data based on 10 pairs of observations on Y and X. = 507, = 5600, = 305550 = 4760000,

You are given the following data based on 10 pairs of observations

You are given the following data based on 10 pairs of observations on Y and X. = 507, = 5600, = 305550 = 4760000, YZ = 26071 Assuming all the assumptions of CLRM are fulfilled, obtain i) by and by ii) Standard error of the regression (SER) iii) Standard errors of these estimators (bi and b2). b = Y b,X by : = nXY x - nX2 n e = ? +nb +63 -2b -26,.. +2b,b, i=l V(b) = 6 (X - X) 2 V(b) = = 62 (x x) (2 marks) (1mark) (2 marks)

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