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Q38Section B (Section B)38 of 60

OLS identities for five design points

Consider a simple linear regression model Yi=β0+β1xi+ϵiY_{i}=\beta_{0}+\beta_{1}x_{i}+\epsilon_{i}, i=1,2,3,4,5i=1,2,3,4,5, where the random errors ϵi\epsilon_{i} have mean 00 and variance 3636, and are uncorrelated. Let β^0\hat{\beta}_{0} and β^1\hat{\beta}_{1} be the least squares estimators of β0\beta_{0} and β1\beta_{1}, respectively. The above model is fitted to the following dataset

| xx | −2-2 | −1-1 | 00 | 11 | 22 | |—|—|—|—|—|—| | yy | 2.72.7 | aa | −0.1-0.1 | bb | −2.3-2.3 |

where (a,b)∈R2(a,b)\in\mathbb{R}^{2}. Which of the following statements is/are true?

Multiple select: one or more options are correct. Select all of them, then submit — marks need the exact set.

Options

Select every correct option, then submit.