You are given the following information about y and x. 
The least squares estimate of the slope or b1 equals
Definitions:
Exchange Rate
The price of one country's currency in terms of another currency, determining how much foreign currency can be exchanged for a unit of domestic currency.
Spot Trade
A transaction for the immediate delivery of a financial instrument or commodity.
Forward Market
A financial market in which contracts are made to buy or sell assets at a specified future date at a price agreed upon today.
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