Consider the Following Regression Model: Y = ₀

question 15

Multiple Choice

Consider the following regression model: y = ₀ + ₁x₁ + u. Which of the following is a property of Ordinary Least Square (OLS) estimates of this model and their associated statistics?

• A)The sum, and therefore the sample average of the OLS residuals, is positive.
• B)The sum of the OLS residuals is negative.
• C) The sample covariance between the regressors and the OLS residuals is positive.
• D) The point ( ) always lies on the OLS regression line.

---

Definitions:

Journal

A periodic publication that focuses on a particular academic field or area of interest, containing articles, studies, and research findings.

Spiritual Concept

refers to ideas, beliefs, or principles related to the soul, spirit, or sacred matters, playing a role in an individual's sense of meaning and purpose in life.

Hope

A feeling of expectation and desire for a certain thing to happen.

Validation

The process of acknowledging and accepting someone's feelings, thoughts, or experiences as legitimate.