Linear Modelingmedium
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The leverage of a data point xix_i in a simple linear regression is given by hii=1n+(xixˉ)2(xjxˉ)2h_{ii} = \frac{1}{n} + \frac{(x_i - \bar{x})^2}{\sum (x_j - \bar{x})^2}. For a dataset with n=5n = 5 observations where x={1,2,3,4,10}x = \{1, 2, 3, 4, 10\}, calculate the leverage of the point with xi=10x_i = 10.