What is the new least squares line

Assignment Help Finance Basics

Reference no: EM131167913

Suppose you run a regression on a data set of Xs and Ys and obtain a least squares line of Y = 12 - 3X.

a. If you double each value of X, what is the new least squares line?

b. If you triple each value of Y, what is the new least squares line?

c. If you add 6 to each value of X, what is the new least squares line?

d. If you subtract 4 from each value of Y, what is the new least squares line?

Reference no: EM131167913

Questions Cloud

How tall do you predict their son to be : If a mother and father are 73 and 80 inches tall, respectively, how tall do you predict their son to be? Explain why this is called "regression toward the mean."

What is the break-even point for the upgrades : What is the break-even point for the upgrades? That is, what price would be charged for both upgrades to make their cost and performance improvement equal?

Representative of all us adults : In a sample of 1100 U.S. adults,172dine out at a restaurant more than once per week. Two U.S. adults are selected at random from the population of all U.S. adults without replacement. Assuming the sample is representative of all U.S. adults, comp..

What is meant by the term government-by-proxy : Can you develop a 400 word essay that answers the question: Examine what is meant by the term government-by-proxy, how it was used during Hurricane Katrina, and some of the pros and cons of this system

What is the new least squares line : If you double each value of X, what is the new least squares line? - If you triple each value of Y, what is the new least squares line?

How many conductors will be required : If an address bus needs to be able to address eight devices, how many conductors will be required? What if each of those devices also needs to be able to talk back to the I/O control device?

What are advantages of using each location that you cited : Why do differing systems place disk directories in different track locations on the disk? What are the advantages of using each location that you cited?

What is the margin of error : At 90% confidence, what is the margin of error (to 4 decimals)? Use critical value with three decimal places Develop a 90% confidence interval for the population proportion of adults who think the future health of Social Security is a major economi..

How many different messages can be transmitted : How many different messages can be transmitted in n microseconds using three different signals if one signal requires 1 microsecond for transmittal, the other two signals require 2 microseconds each for transmittal, and a signal in a message is fo..

User Account

All Pages