What is the meaning of intercept or constant in the regression model? how you can interpret it?

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Emad Mohammed said abdalla
21-May-2015

Is the intercept important in regression model? Can it be ignore?

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Question ajoutée par sagar uparkar , Manager , Icici Bank
Date de publication: 2015/08/09

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par Chanaka Kaluarachchi , Research Assistant , Otago University

Intercept means the value of response variable when all dependent variables are zero.Some time your intercept does not have a meaning. for example your "Y" is age and "X" persons height. there is no meaning interpreting height zero person.but imaging your "X" variable is temperature of the day and response "Y" sales of a ice cream. then you can interpret in a meaning full way.Hope this helps.Cheers.

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