Question

In the expression
$Y_i =\hatβ_1+\hatβ_2X_i +\hat{u_i}$
$\hat{u_i}$ gives the difference between

• A. the actual and estimated Y values
• B. the actual and estimated X values
• C. the actual and estimated values of β1
• D. actual and estimated values of β2

Answer 1

Answer: (A)

the actual and estimated Y values

Answer 2

The correct option is(A): the actual and estimated Y values