Asked by David
In running a regression model with three variables, two of the three come back as statistically significant at the 95% level of confidence. The one that doesn't is the intercept - so is my model still valid?
Answers
Answered by
economyst
In general, I would say yes, the model is still valid. Your equation would have a problem if the underlying model you are trying to estimate expects a non-zero itercept term.
However, for most of the model's I estimate, I have no a-priori notion or expectation of what the intercept ought to be. I am much more interested in the slope term.
However, for most of the model's I estimate, I have no a-priori notion or expectation of what the intercept ought to be. I am much more interested in the slope term.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.