Examlex

Solved

In the Simple Linear Regression Model Y=β0+β1x+E,Y = \beta _ { 0 } + \beta _ { 1 } x + E ,

question 29

Short Answer

In the simple linear regression model Y=β0+β1x+E,Y = \beta _ { 0 } + \beta _ { 1 } x + E , the quantity E is a random variable, assumed to be normally distributed with E( ε \varepsilon
) = 0 and V( ε \varepsilon
) = σ2\sigma ^ { 2} . The estimator β^1\hat { \beta } _ { 1 } has a __________ distribution, because it is a linear function of independent __________ random variables.


Definitions:

Paychecks

Regular payments made to employees for their work, typically on a fixed schedule.

State Directory

A comprehensive listing of government and administrative offices within a specific state, often available online.

20 Days

A specific time period consisting of twenty consecutive days.

Hire Date

The specific date on which an individual officially begins their employment with an organization.

Related Questions