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Linear Modelingmedium
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A researcher fits a simple linear regression model: y^=β0+β1x\hat{y} = \beta_0 + \beta_1 xy^​=β0​+β1​x. To make the intercept more meaningful, she decides to center the predictor variable by subtracting its mean, defining x′=x−xˉx' = x - \bar{x}x′=x−xˉ, and fits the model y^=α0+α1x′\hat{y} = \alpha_0 + \alpha_1 x'y^​=α0​+α1​x′. What is the relationship between the new intercept α0\alpha_0α0​ and the original variables?