# The equation for a straight line (deterministic model) is y = 0 + 1x If the line passes through the

## Question:

y = β0 + β1x

If the line passes through the point (-2, 4), then x = -2, y = 4 must satisfy the equation; that is,

4 = β0 + β1(-2)

Similarly, if the line passes through the point (4, 6), then x = 4, y = 6 must satisfy the equation; that is,

6 = β0 + β1(4)

Use these two equations to solve for β0 and β1; then find the equation of the line that passes through the points (-2, 4) and (4, 6).

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## Step by Step Answer:

**Related Book For**

## Statistics For Business And Economics

**ISBN:** 9780321826237

12th Edition

**Authors:** James T. McClave, P. George Benson, Terry T Sincich

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