Suppose I desire to predict the price of a new home. I use the following variables...

  

 

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Suppose I desire to predict the price of a new home. I use the following variables to help predict the price: Quantitative Variables: • Size of home (x1). Age of house (x2) Qualitative Variables: • Neighborhood (Valrico, Brandon, and Plant City - modeled by the two dummy variables x3 and x4) • Gated Community or Not (Yes or No - modeled by the dummy variable xg) When building a complete 2nd-order model, state whether the following model terms would be included in the first model? Term A: x1x2? Term B: X1X2X3X4 Term C: x3xg? Mini Term D: x,2x,x5 Term A [ Choose ) Term B [Choose ) > Term C v [ Choose ] Not Included Included Term D [ Choose ] > Suppose I desire to predict the price of a new home. I use the following variables to help predict the price: Quantitative Variables: • Size of home (x1). Age of house (x2) Qualitative Variables: • Neighborhood (Valrico, Brandon, and Plant City - modeled by the two dummy variables x3 and x4) • Gated Community or Not (Yes or No - modeled by the dummy variable xg) When building a complete 2nd-order model, state whether the following model terms would be included in the first model? Term A: x1x2? Term B: X1X2X3X4 Term C: x3xg? Mini Term D: x,2x,x5 Term A [ Choose ) Term B [Choose ) > Term C v [ Choose ] Not Included Included Term D [ Choose ] >

Answer rating: 100% (QA)

Term A Not included Term B Not included Term C ... View the full answer