You are given the following information about y and x. 
The least squares estimate of the intercept or b0 equals
Definitions:
Advanced Industrial Society
A society characterized by high levels of industrialization, technological advancement, and standard of living.
Positive Economic Analysis
The branch of economics that concerns the description and explanation of economic phenomena, focusing on factual and cause-and-effect relationships.
Financial Aid
Monetary assistance provided to individuals to support them in covering the costs of education, housing, or other expenses.
Normative Statement
Statements that express opinions about what ought to be, reflecting values or judgements rather than factual assertions.
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