Consider the following to answer the question(s) below:
Consider the following scatter plot:
-The model of this data would be better fit with the inclusion of
A) a quadratic term
B) a dummy variable
C) an interaction term
D) an indicator variable
E) leverage value

Question

Consider the following to answer the question(s) below:
Consider the following scatter plot: 
-The model of this data would be better fit with the inclusion of
A) a quadratic term 
B) a dummy variable 
C) an interaction term 
D) an indicator variable 
E) leverage value

Quizplus · Accepted Answer

The scatter plot shows a curved relationship between the two variables, indicating that a linear model would not accurately capture the relationship. Therefore, a quadratic term would be a better fit for this data as it would account for the curvature.

Consider the Following to Answer the Question(s) Below