An economist estimates the following model: y = β₀ + β₁x + ε.She would like to construct interval estimates for y when x equals 2.She estimates a modified model where y is the response variable and the explanatory variable is now defined as x⁺ = x - 2.A portion of the regression results is shown in the accompanying table. According to the modified model,which of the following is the predicted value of y when x equals 2?

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The Answer of An economist estimates the following model: y = β₀ + β₁x + ε.She would like to construct interval estimates for y when x equals 2.She estimates a modified model where y is the response variable and the explanatory variable is now defined as x⁺ = x - 2.A portion of the regression results is shown in the accompanying table. According to the modified model,which of the following is the predicted value of y when x equals 2?

An Economist Estimates the Following Model: Y = β0

An Economist Estimates the Following Model: Y = β₀