The following information pertains to data that have been gathered in the process of estimating a simple least-squares regression: mean value of the dependent variable 30 mean value of the independent variable 10 Coefficient of the independent variable 3 Number of observations 12 What is the "a" value for the least squares regression model?
The following information pertains to data that have been gathered in the process of estimating a simple least-squares regression: mean value of the dependent variable 30 mean value of the independent variable 10 Coefficient of the independent variable 3 Number of observations 12 What is the "a" value for the least squares regression model?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following information pertains to data that have been gathered in the process of estimating a simple least-squares regression:
mean value of the dependent variable 30
mean value of the independent variable 10
Coefficient of the independent variable 3
Number of observations 12
What is the "a" value for the least squares regression model?
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