Given the Data Points (X,y) = (3,3), (4,4), (5,5), (6,6)

question 154

Multiple Choice

Given the data points (x,y) = (3,3) , (4,4) , (5,5) , (6,6) , (7,7) , the least squares estimates of the y-intercept and slope are respectively:

• A)0 and 1.
• B)-1 and 0.
• C)5 and 5.
• D)1 and 0.

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Definitions:

Growth Slowing

A situation where the rate of expansion in an economy, market, or company starts to decelerate.

Great Recession

A significant global economic downturn that began in 2007 and lasted until 2009, marked by widespread financial crises, bank failures, and high unemployment rates.

Deficit

The amount by which a government's, company's, or individual's spending exceeds its income over a particular period of time.

2009

A year that marked the end of the late-2000s financial crisis and the beginning of economic recovery for many countries.