The equation for a straight line (deterministic model) is y=β0+β1x. If the line passes through the point (−5,5), then x=−5, y=5 must satisfy the equation; that is, 5=β0+β1(−5). Similarly, if the line passes through the point (2,11), then x=2, y=11 must satisfy the equation; that is, 11=β0+β1(2). Use these two equations to solve for β0 and β1; then find the equation of the line that passes through the points (−5,5) and (2,11). Find β0 and β1. β1=enter your response here β0=enter your response here (Simplify your answers. Type integers or simplified fractions.)
The equation for a straight line (deterministic model) is y=β0+β1x. If the line passes through the point (−5,5), then x=−5, y=5 must satisfy the equation; that is, 5=β0+β1(−5). Similarly, if the line passes through the point (2,11), then x=2, y=11 must satisfy the equation; that is, 11=β0+β1(2). Use these two equations to solve for β0 and β1; then find the equation of the line that passes through the points (−5,5) and (2,11). Find β0 and β1. β1=enter your response here β0=enter your response here (Simplify your answers. Type integers or simplified fractions.)
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 16EQ
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The equation for a straight line (deterministic model) is
y=β0+β1x.
If the line passes through the point
(−5,5),
then
x=−5,
y=5
must satisfy the equation; that is,
5=β0+β1(−5).
Similarly, if the line passes through the point
(2,11),
then
x=2,
y=11
must satisfy the equation; that is,
11=β0+β1(2).
Use these two equations to solve for
β0
and
β1;
then find the equation of the line that passes through the points
(−5,5)
and
(2,11).
Find
β0
and
β1.
β1=enter your response here
β0=enter your response here
(Simplify your answers. Type integers or simplified fractions.)
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