Question: Refer to Exercise 13.58. Suppose that we wished to modify our nine-variable model to allow for the possibility that the relationship between PRICE and AGE

Refer to Exercise 13.58. Suppose that we wished to modify our nine-variable model to allow for the possibility that the relationship between PRICE and AGE differs depending on the number of bedrooms.
a. Formulate such a model.
b. What combination of model parameters represents the difference between a five- bedroom, one- garage home and a two- bedroom, two- garage home?
In exercise

Refer to Exercise 13.58. Suppose that we wished to modify
Refer to Exercise 13.58. Suppose that we wished to modify

Property PRICE BATHS BEDA BEDBRDC CARA CA R AGE 23 7 1.0 1.0 2.5 LOTDOM 164 25750 37950 46450 46550 2.5 47950 49950 52450 54050 20 9680 1889 9 1941 315 61 234 116 162 80 1 8 1.5 1.5 2.5 1813 1583 1533 1667 5 3450 10 po 6 4 2 3 5 3 3 7 31113 13225222152222 0q00-000000000 00000010010011 0200040000 040 42430, 0 3 2 9 210 7 901234567890-2

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