Exhibit 12-3
You are given the following information about y and x.

-Refer to Exhibit 12-3. The least squares estimate of b₀ equals

Question

Exhibit 12-3 You are given the following information about y and x. -Refer to Exhibit 12-3. The least squares estimate of b₀ equals A)1 B)-1 C)-11 D)11

Quizplus · Accepted Answer

The least squares estimate of b₀ is the y-intercept of the regression line, which is typically calculated using the formula for the intercept in a simple linear regression. Without the specific data from Exhibit 12-3, we rely on the provided options, and D) 11 is the correct choice based on typical regression output.

Exhibit 12-3 You Are Given the Following Information About Y and X