Round off to 4 decimal places.The value for the slope parameter is? It is argued that more time spent studying will result in improved course marks among ECO242 students. To te:whether this is the case you collect data from 30 students on their final marks (Y) and number of hours studieper week during the semester (X). You make the following calculations:3783214964632SExrExExΣΥ | 1650Next, you run the following regression:marks =B₁ + B₂studyhourswhere 'marks' is the final mark for the course in percentage points, and 'studyhours' is the number of hoursstudied per week during the course semester. Answer the remaining questions based on your results.

In the linear regression equation of two variables X and Y the slope coefficient or parameter β2 is…

Answered: The value for the slope parameter is

Business

Economics

The value for the slope parameter is

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Round off to 4 decimal places.

The value for the slope parameter is?

It is argued that more time spent studying will result in improved course marks among ECO242 students. To te:
whether this is the case you collect data from 30 students on their final marks (Y) and number of hours studie
per week during the semester (X). You make the following calculations:
37832
14964
632
S
Exr
Ex
Ex
ΣΥ | 1650
Next, you run the following regression:
marks =B₁ + B₂studyhours
where 'marks' is the final mark for the course in percentage points, and 'studyhours' is the number of hours
studied per week during the course semester. Answer the remaining questions based on your results.

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