Consider the regression model House Price B₁ + B₂ Size + u and suppose that we have another variable Season in our data

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Consider the regression model House Price B₁ + B₂ Size + u and suppose that we have another variable Season in our data

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Consider The Regression Model House Price B B Size U And Suppose That We Have Another Variable Season In Our Data 1
Consider The Regression Model House Price B B Size U And Suppose That We Have Another Variable Season In Our Data 1 (19.73 KiB) Viewed 16 times
Consider the regression model House Price B₁ + B₂ Size + u and suppose that we have another variable Season in our data set such that Season 1 if the house is sold in spring Season 2 if the house is sold in summer Season 3 if the house is sold in autumn i Season 4 if the house is sold in winter We believe that the season affects the linear relationship (only the slope but not the intercept) between house price and size of the house, and we would like to account for this tactin How many additional regressors does the regression model require?
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