Consider the following population regression function: Y = X? + U
where Y= , X= , ? = , U= Given the following information on population growth rates (Y)and education (X)for 86 countries , , , , a)find X'X, X'Y, (X'X)-1 and finally (X'X)-1 X'Y.
b)Interpret the slope, and if necessary, the intercept.
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b)c)
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