2. For a linear regression model including only an intercept, the OLS estimator of that intercept is equal to the sample mean of the independent variable.
2. For a linear regression model including only an intercept, the OLS estimator of that intercept is equal to the sample mean of the independent variable.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 15HP
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