Question

Suppose you have a large, random sample of the variables Yand X. You then regress Yon Xand get the following results (with standard errors in parentheses) Y= 16.5-4.2X a. The numbers 16.5 and-4.2 are the realized values for the intercept and slope respectively) of the regression equation describing the sample, which are consistent estimators for what population parameters? The intercept and slope (respectively) of the sample determining function. The intercept and slope (respectively) of the regression equation that best fits the population O The intercept and slope (respectively) of the regression equation that best fits the sample. The intercept and slope (respectively) of the population determining function. Instructions: Enter your responses rounded to three decimal places. If you are entering any negative numbers be sure to include a negative sign (-)in front of those numbers. b. Provide a 99% confidence interval for each estimator's corresponding population parameter. Intercept Slope: (|

This was all that was given to me. I have no other information

Answer 1

a)

the intercept and slope of the regression equation that best fits the population

b)

intercept =16.5-/+2.58*4.9 =(3.858 ; 29.142) ( please try 3.878 ; 29.122 if this comes wrong and revert)

slope=-4.2-/+2.58*1.1 = (-7.038 ; -1.362 ) (please try -7.034 ; -1.366 if this comes wrong and revert)