just need the answer to Q5 please. I have attached my answers to 1-4 Part 1: OLS basicsConsider the data in the table below.YX318.32171. In the space below (or on a separate sheet of paper), plot all observations of the tableabove and draw the OLS regression line. You can estimate the slope and constant ofthe OLS regression line by hand, with Stata, or with Excel (you don't have to showyour workings). Don't forget to label the axes.2. The slope coefficient for a regression of Y on X is3. The constant of a regression of Y on X is4. The residual for the first observation in the table is5. The average value of the residuals is 1)3The yna2.3334) hen l5)

Answered: Image /qna-images/answer/7ea0d530-f57f-4677-b85e-094119b89cd1.jpg

Answered: 2. The slope coefficient for a…

2. The slope coefficient for a regression of Y on X is 3. The constant of a regression of Y on X is 4. The residual for the first observation in the table is 5. The average value of the residuals is

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter3: Straight Lines And Linear Functions

Section3.4: Linear Regression

Problem 17E: Remainder Round all answers to two decimal places unless otherwise indicated. Domestic Auto Sales in...

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