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

You know that in a simple regression, one independent variable, the formula for 1 is: 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 1 in terms of the correlation and the standard deviations. Calculate an estimate of 1using the estimated values in part (a)

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