In a simple linear regression problem, the following statistics are calculated from a sample of 10 observations: = 2250, = 10, = 50, = 75 The least squares estimates of the slope and y-intercept are respectively:
A) 225 and -1117.5.
B) 2.5 and -5.
C) 25 and-117.5.
D) 25 and 117.5.
Correct Answer:
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