Question: There are important applications in which, due to known scientific constraints, the regression line must go through the origin (i.e., the intercept must be zero).
There are important applications in which, due to known scientific constraints, the regression line must go through the origin (i.e., the intercept must be zero). In other words, the model should read Yi = β1xi + i, i = 1, 2, . . . , n, and only a simple parameter requires estimation. The model is often called the regression through the origin model.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
