Consider an arbitrary data set x1 y1 x2 y2xn yn let xbar, Ask an Expert

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Consider an (arbitrary) data set (x1, y1), (x2, y2)...(xn, yn). Let xbar and ybar denote the respective sample means for the independent variable X and the dependent variable Y. For the estimated linear regression equation mu(hat) sub Y|x = b0 + b1x show that the point (xbar, ybar) always lies on the estimated regression line.

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Reference No.:- M91000164

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