More indicators For each of these potential predictor variables say whether they should be represented in a

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More indicators For each of these potential predictor variables say whether they should be represented in a regression model by indicator variables. If so, then suggest what specific indicators should be used (that is, what values they would have).

a. In a regression to predict income, the age of respondents in a survey

b. In a regression to predict the square footage available for rent, whether a commercial building has an elevator or not

c. In a regression to predict annual medical expenses, whether a person was a child (in pediatric care), an adult, or a senior (over 65 years old)

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Stats Data And Models

ISBN: 9780135163825

5th Edition

Authors: Richard D De Veaux, Paul F Velleman, David E Bock

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