The discussion revolves around the use of partial means as predictors in fitting regression lines or curves. Participants explore the definition of partial means and their applicability in statistical modeling, particularly in econometrics.
Participants express differing views on the appropriateness of using partial means as predictors, with some supporting the idea while others seek clarification on the term itself. The discussion remains unresolved regarding the consensus on the use of partial means in regression analysis.
The discussion lacks clarity on the specific conditions under which partial means can be used effectively, and the term itself remains undefined for some participants.
bhartish said:Can we use partial means as a predictor for the response while fitting a regression line or curve?.
chiro said:Hey bhartish and welcome to the forums.
What is a partial mean? Is this just a mean of a subset of your actual data? I've never come across this term before.
turbo said:BTW, "urgent" and "needed" along with "ASAP" are bound to get your posts ignored. There are plenty of smart folks here that will help you, but they'll be turned off if you wait until the last minute and then demand help. If you are in need, post your questions early so members can help you, and you can get clarification along the way. Just a suggestion.