You collected the data given in the table below on y and x Complete an...
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You collected the data given in the table below on y and x Complete an OLS regression using this data For credit show all your work Observation 1 2 3 y 5 4 10 1 Using calculus estimate coefficients for the following equation where a is the intercept b is the slope and e is the error term Hint be sure to consider both the FOC and SOC y a bx e O Obser 1 2 3 X 4 2 2 Write the estimated equation in numerical form 2 Fill in the following table using your estimated equation Cells with do not need to be calculated Two decimal places are enough 9 y Y 9 9 9
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