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 68 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
YES! Correct, THANKS for helping me on my review


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library