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Assume that the data looks as follows:
Y = ,U =
,X =
,and β = (β1)
Using the formula for the OLS estimator = (
X)-1
Y,derive the formula for
1,the only slope in this "regression through the origin."
State Sovereignty
The concept that states possess independent authority and the right to govern themselves without external intervention, within their territorial boundaries.
Printz v. United States
A United States Supreme Court case that decided it was unconstitutional for the federal government to command states' law enforcement officers to enforce federal laws.
Gibbons v. Ogden
A landmark 1824 U.S. Supreme Court case that ruled the power to regulate interstate commerce was granted to Congress by the Commerce Clause of the Constitution.
Interstate Commerce
The exchange, movement, or transfer of goods and services across state lines within the United States.
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