Given the following time-series regression model below, wher…

Given the following time-series regression model below, where Qtr_1, Qtr_2, Qtr_3 are dummies for quarters 1,2, and 3 respectively. Consider that you have four quarters reflecting the seasonality. Sales = 1250.74 + 2345.58 Qtr_1 – 1070.65 Qtr_2 – 1238.93 Qtr_3 + 910.6 Period What is the coefficient estimate of Qtr_4?   

Assume you have the results from two regressions, which incl…

Assume you have the results from two regressions, which include the same predictors. Let’s call them Model A and Model B. How do you compare the two models? Meaning, how can you say that one model is better than the other model. Be as specific as possible. Your answer should be one (short) sentence.

Consider estimating a regression model in R in order to dete…

Consider estimating a regression model in R in order to determine the factors that may influence home prices in different parts of a city. You include variables such as bedrooms, bathrooms, square footage of the home, and square footage of the lot. Assume you have a variable called “location” specifying where the houses are located: Center of the city, Lakefront, University campus, and Suburbs.  To account for the locations of the houses in your model, you should include: Select all that apply.