The following statements are taken from exercises for the chapter on Simple Line

Question

The following statements are taken from exercises for the chapter on Simple Linear Regression in our custom textbook. Each statement identifies a dependent variable and one independent variable that might be used in a simple linear regression model to predict the dependent variable. Suppose you want to develop a multiple regression model to predict the dependent variable. For your assigned scenario, identify two additional independent variables that might be used, and tell why you think they would be useful in the model

Explanation / Answer

Result:

The owner of a moving company has collected data to predict how many labor hours a move will take based on the number of cubic feet moved.

The additional independent variables to be considered are:

1.Whether the customer have any particularly heavy items or not

2.Are there any items that require tools for assembly, dismantling or removal

3.Whether the house is located in ground floor or top floors.

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