Show that the intercept term, (b_{0}), can be expressed as a weighted sum of the dependent variables.
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Show that the intercept term, \(b_{0}\), can be expressed as a weighted sum of the dependent variables. That is, show that \(b_{0}=\sum_{i=1}^{n} w_{i, 0} y_{i}\). Further, express the weights in terms of the slope weights, \(w_{i}\).
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Regression Modeling With Actuarial And Financial Applications
ISBN: 9780521135962
1st Edition
Authors: Edward W. Frees
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