Data Science Asked on January 6, 2021
I fit a regression model using python statsmodels.formula.api
package and obtain the coefficients/results. Here’s the model:
Price ~ Availability + Income + unemployment + labor_force + HH
The coefficients are:
coef
Intercept 18.8172
Availability 0.0860
Income 9.213e-05
unemployment -1.562e-05
labor_force 5.78e-06
I’d like to calculate the value of Availability for when Price = 0
and for different values of independent variable which vary by time. Basically, solve for Availability
when Price = 0
.
0 = Intercept + b1 * Avail + b2 * Income + b3 * U + b4 * L
I need python to solve this equation for Avail
.
I realize I can do this with a python function by simply solving the equation, ,however, I was wondering if there are any in built methods I could use to obtain the equation and solve?
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