Add a joint term, X 1 X 2 into the regression model, and estimate the regression equation
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Add a joint term, X1X2 into the regression model, and estimate the regression equation again. Report the p-value for the joint term X1X2. What does this imply?
Selling Price | Location | Number of Rooms |
478 | 0 | 4 |
312 | 1 | 4 |
233 | 1 | 6 |
199 | 1 | 6 |
258 | 1 | 6 |
325 | 1 | 7 |
280 | 1 | 7 |
345 | 0 | 8 |
355 | 1 | 8 |
655 | 0 | 9 |
567 | 1 | 9 |
585 | 0 | 9 |
670 | 0 | 9 |
432 | 1 | 10 |
379 | 1 | 10 |
643 | 0 | 10 |
710 | 0 | 11 |
934 | 0 | 12 |
870 | 0 | 12 |
988 | 0 | 13 |
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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