When would an interaction term be incorporated into a model? Explain its intended purpose. Provide an example

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When would an interaction term be incorporated into a model? Explain its intended purpose. Provide an example of a regression model that would use an interaction term. Give an interpretation of the interaction term in your model.

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Introductory Regression Analysis With Computer Application For Business And Economics

ISBN: 9780415899338

1st Edition

Authors: Allen Webster

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Question Posted: Feb 27, 2024 03:05 AM

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When would an interaction term be incorporated into a model? Explain its intended purpose. Provide an example

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An interaction term is incorporated into a model when there is reason to believe that the relationsh...View the full answer

Introductory Regression Analysis With Computer Application For Business And Economics

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