Intercept plus slope for a five-point downward fit
Question
Fit by least squares to the points , , , and . What is ?
Short answer
. Here and . The centred cross-product is and , so and , summing to .
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Open the worked solutionLessons behind this question
- Simple Linear Regression: OLS Estimators and Geometry
- Multiple Linear Regression
- Maximum Likelihood Estimation: Score and Log-Likelihood
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