You are given the following data for two variables X and Y: , Regression coefficient of Y on X = 1.50 What is the estimated value of intercept in the regression of Y on X?
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4 marks, −1EconometricsLinear regression and OLSThe regression model and the OLS estimatorModerateabout 1 min
CUET-PG 2023 Shift 2 Question 72: Linear regression and OLS
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You are given the following data for two variables X and Y: X̄ = 2.00, Ȳ = 4.67 Regression coefficient of Y on X = 1.50 What is the estimated value of intercept in the regression of Y on X? (A) 7.67 (B) 1.67 (C) 2.335 (D) 2/4.67
Also written as: You are given the following data for two variables X and Y: X_bar = 2.00, Y_bar = 4.67 Regression coefficient of Y on X = 1.50 What is the estimated value of intercept in the regression of Y on X?
Linear regression and OLS has come up 74 times in 7 exams since 2008.
What this question tests
This question is on The regression model and the OLS estimator, part of Linear regression and OLS in Econometrics.
What a linear regression model is and how ordinary least squares picks the fitted line.
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