Exhibit 12-3
You Are Given the Following Information About Y

Multiple Choice

Exhibit 12-3
You are given the following information about y and x.
$\begin{array}{cc}\text { Dependent Variable Y) }&\text { Independent Variable } \mathbf{X} \text { ) }\\12 & 4 \\3 & 6 \\7 & 2 \\6 & 4\end{array}$
-Refer to Exhibit 12-3. The least squares estimate of b? equals

A) 1
B) -1
C) -11
D) 11