Question

A regression model to predict the price of a condominium for a weekend getaway in a resort community included the following predictor variables: number of nights needed, number of bedrooms, whether the condominium complex had a swimming pool or not, and whether or not a parking garage was available.
(a) Identify the quantitative predictor variable(s).
(b) How many binary variables would be included in the model?
(c) Write the proposed model form for predicting condominium price.


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  • CreatedAugust 19, 2015
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