Question
Statistics Question on Limit Theorems
Based on 10 data points (𝑥1, 𝑦1 ), (𝑥2, 𝑦2 ), … , (𝑥10, 𝑦10) on a variable (𝑋, 𝑌), the simple regression lines of 𝑌 on 𝑋 and 𝑋 on 𝑌 are obtained as 2𝑦 − 𝑥 = 8 and 𝑦−𝑥 =−3, respectively. Let 𝑥̅=101∑i=110xi and 𝑦̅ = 101∑i=110yi. Then, which of the following statements is/are TRUE?
A
∑i=110xi=140
B
∑i=110yi=110
C
(∑i=110(xi−x)2)(∑i=110(yi−y)2)∑i=110(xi−xyi)=−21
D
∑i=110(yi−y)2∑i=110(xi−x)2=2
Answer
∑i=110xi=140
Explanation
Solution
The correct options are: A, B and D