1. J

    Stupid Q: Interpretation of slope in OLS

    Hi ppl I'm running a bunch of regressions on a series of stock returns (decimal values). One of the models is: r_t = a0 + b1*rm_t + e where r_t is the stock return and rm_t is the market return (both decimal values). My interpretation is that a0 is the mean return of r_t, and that...