Question: You know that in a simple regression, one independent variable, the formula for ? 1is: ? 1 = ? ?? ? ? 2 You also

You know that in a simple regression, one independent variable, the formula for ? 1is: ? 1 = ? ?? ? ? 2 You also know that the covariance and the correlation of the variables are related as: ? ?? = ? ?? ? ?? ? Using the Greek symbols, write an expression for ? 1in terms of the correlation and the standard deviations. Calculate an estimate of ? 1using the estimated values in part (a)

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