Consider the ToyotaCorolla.csv dataset we studied in class. We fit a linear regression model for the target variable Price using predictors Age and Fuel_Type. Remember that Age is a numerical variable which captures age of a car in months as of August 2004, and Fuel_Type is a categorical variable with three possible values (Petrol, Diesel, CNG).
Consider the ToyotaCorolla.csv dataset we studied in class. We fit a linear regression model for the target variable Price using predictors Age and Fuel_Type. Remember that Age is a numerical variable which captures age of a car in months as of August 2004, and Fuel_Type is a categorical variable with three possible values (Petrol, Diesel, CNG).
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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![D
Question 4
Consider the ToyotaCorolla.csv dataset we studied in class. We fit a linear
regression model for the target variable Price using predictors Age and
Fuel_Type. Remember that Age is a numerical variable which captures age
of a car in months as of August 2004, and Fuel_Type is a categorical
variable with three possible values (Petrol, Diesel, CNG).
Here are the fitted coefficients returned by the coef() function in R:
|(Intercept)
Age
Fuel_TypeDiesel Fuel_TypePetrol
19170
|-169
473
1186
Using this fitted model, what is the predicted price of a car that is 13
months old and has fuel type of CNG?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F10034224-73a8-4e22-b78e-cbc90961aee6%2F07924aee-4e3e-4913-b6a1-dbdb0fafbe4a%2Forwbx2p_processed.png&w=3840&q=75)
Transcribed Image Text:D
Question 4
Consider the ToyotaCorolla.csv dataset we studied in class. We fit a linear
regression model for the target variable Price using predictors Age and
Fuel_Type. Remember that Age is a numerical variable which captures age
of a car in months as of August 2004, and Fuel_Type is a categorical
variable with three possible values (Petrol, Diesel, CNG).
Here are the fitted coefficients returned by the coef() function in R:
|(Intercept)
Age
Fuel_TypeDiesel Fuel_TypePetrol
19170
|-169
473
1186
Using this fitted model, what is the predicted price of a car that is 13
months old and has fuel type of CNG?
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