1. You know the true properties of the data so you can answer the two following...

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

Expert Solution

milcah answered 1 year ago

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