In: Math
1. You know the true properties of the data so you can answer the two following questions: (and you do not need to know the Y values to answer)
Expected value= 0 Variance= 10
a. What is the true variance of beta hat 1?
b. What is the true variance of beta hat 2?
| Observation Number | X |
|---|---|
| 1 | 5 |
| 2 | 8 |
| 3 | 10 |
| 4 | 4 |
| 5 | 5 |
| 6 | 12 |
| 7 | 2 |
| 8 | 6 |
| 9 | 3 |
| 10 | 6 |