I used the method pcls
in order to make a simple regression (price ~ livingArea)
with constraints. I set the constraint for b0 > 1000
but the result I got is very bad.
y = price and X = livingArea
And I think that if the result is bad for a regression with only one explanatory variable, then the result will be worse for a model with one dependent variable and more explanatory variables.
Is it possible that the result was bad because of the constraint I set?
If there is no value for the intercept, can I assume that the value for it is 0?