This topic contains a solution. Click here to go to the answer

Author Question: It is desired to build a regression model to predict y = the sales price of a single family home, ... (Read 71 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585

Question 1

An elections officer wants to model voter turnout (y) in a precinct as a function of type of election, national or state.

Write a model for mean voter turnout, E(y), as a function of type of election.
E(y) = β0 + β1x, where x = voter turnout
E(y) = β0 + β1x, where x = 1 if national, 0 if state
E(y) = β0 + β1x1 + β2x2, where x1 = 1 if national, 0 if not and x2 = 1 if state, 0 if not
E(y) = β0 + β1x + β2x2, where x = voter turnout

Question 2

It is desired to build a regression model to predict y = the sales price of a single family home, based on the neighborhood the home is located in. The goal is to compare the prices of homes that are located in four different neighborhoods. Which regression model should be built?
◦ E(y) = β0 + β1x1 + β2x2 + β3x3 + β4x4, where x1 - x4 are qualitative variables that describe the four neighborhoods.
◦ E(y) = β0 + β1x1 + β2x2 + β3x3, where x1 - x3 are qualitative variables that describe the four neighborhoods.
◦ E(y) = β0 + β1x1 + β2x12, where x1 is a qualitative variable that describes the four neighborhoods.
◦ E(y) = β0 + β1x1, where x1 is a qualitative variable that describes the four neighborhoods.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Pineappleeh on Feb 14, 2020

brittrenee

  • Sr. Member
  • ****
  • Posts: 321
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Feb 14, 2020
Great answer, keep it coming :)


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

For a complete list of videos, visit our video library