00:01
Hello everyone, let us look into the equation.
00:03
So here the x and v values are given x takes the values 2, 2, 4, 1, 3 and y takes the value 6, 5, 8, 5.
00:15
So the total is 10 and here it is 24, 10 and mean is equal to 10 by 4 is 2 .5 and 24 by 4 is 6.
00:26
Now we have to find x minus x bar the whole square so which is 0 .25, 2 .25, 2 .25, 0 .25 and the total is 5.
00:42
Then y minus y bar the whole square is 6 minus 6 is 0, 1, 4, 1 and the total is 6.
00:51
Next one is 6 minus x bar multiplied by y minus y bar so which is 0, minus 1 .5, minus 3, minus 0 .5 and the total is minus 5.
01:07
Now here we are having the sample size n equal to 4, y bar equal to 6, x bar equal to 2 .5 and sxx equal to 5, syy equal to 6 and sxy equal to minus 5.
01:27
So from this we can have the slope beta 1 is equal to sxy divided by sxx which is minus 5 by 5 which is minus 1 and the intercept beta 0 equal to y bar minus beta 1 x bar so which is equal to 8 .5 upon simplification...