Show that in a simple linear regression model the point

Chapter 11, Problem 20E

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

Show that in a simple linear regression model the point \((\bar{x}, \bar{y})\) lies exactly on the least squares regression line.

Questions & Answers

QUESTION:

Show that in a simple linear regression model the point \((\bar{x}, \bar{y})\) lies exactly on the least squares regression line.

ANSWER:

Problem 20E

Show that in a simple linear regression model the pointlies exactly on the least squares regression line.

                                                          Step by Step solution

Step 1 of 3

To show in simple linear regression model the point lies exactly on the least squares regression line.

Suppose there be n paired observations in the sample as:.

Add to cart


Study Tools You Might Need

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back