What was your grade-point average in the preceding term

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Reference no: EM131529972

Question: At a large state university seven undergraduate students who are majoring in economics were randomly selected from the population and surveyed. Two of the survey questions asked were:

(1) What was your grade-point average (GPA) in the preceding term?

(2) What was the average number of hours spent per week last term in the Orange and Brew? The Orange and Brew is a favorite and only watering hole on campus. Using the data below, estimate with ordinary least squares the equation

G = α + βH

where G is GPA and H is hours per week in Orange and Brew. What is the expected sign for β? Do the data support your expectations?

Reference no: EM131529972

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