Essay
The OLS formula for the slope coefficients in the multiple regression model become increasingly more complicated,using the "sums" expressions,as you add more regressors.For example,in the regression with a single explanatory variable,the formula is whereas this formula for the slope of the first explanatory variable is
(small letters refer to deviations from means as in
)
in the case of two explanatory variables.Give an intuitive explanations as to why this is the case.
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