Given the data points (x,y) = (3,3), (4,4), (5,5), (6,6), (7,7), the least squares estimates of the y-intercept and slope are respectively:
A) 0 and 1.
B) -1 and 0.
C) 5 and 5.
D) 5 and 0.

Name: Given the data points (x,y) = (3,3), (4,4), (5,5), (6,6), (7,7), the least squares estimates of the y-intercept and slope are respectively: A) 0 and 1. B) -1 and 0. C) 5 and 5. D) 5 and 0.
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Question

Quizplus · Accepted Answer

The data points lie perfectly on the line y = x, which has a slope of 1 and a y-intercept of 0.

Given the Data Points (X,y) = (3,3), (4,4), (5,5), (6,6)