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 48 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
Thanks for the timely response, appreciate it


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

For a complete list of videos, visit our video library