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For the simple linear regression model: (a) What are the roles played by the variables X and Y?…

For the simple linear regression model: (a) What are the roles played by the variables X and Y?…

For the simple linear regression model: (a) What are the roles played by the variables X and Y? (b) Identify the parameters for the model.(c) Identify the assumptions which underlie the model and the consequences implicit in those assumptions.