Consider the data (a) Calculate the least squares estimates $\beta$₁ and $\beta$₀. (b) Estimate the error variance. (c) Obtain a 95 % confidence interval for $\beta$₁. Can you conclude that the slope is different from 0? (d) Determine the proportion of variation in y explained by x.

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The Answer of Consider the data (a) Calculate the least squares estimates $\beta$₁ and $\beta$₀. (b) Estimate the error variance. (c) Obtain a 95 % confidence interval for $\beta$₁. Can you conclude that the slope is different from 0? (d) Determine the proportion of variation in y explained by x.

Consider the Data (A) Calculate the Least β\betaβ

Consider the Data

(A) Calculate the Least $\beta$