In a simple linear regression problem, the following statistics are calculated from a sample of 10 observations:
. The least squares estimates of the slope and y -intercept are, respectively,
A) 1.5 and 0.5
B) 2.5 and 1.5
C) 1.5 and 2.5
D) 2.5 and - 5.0
Correct Answer:
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