Given the following multiple linear regression: y = Bo + Bizı + Baza+. + Ba +u You decide to try to include each of the following variables into the regression sqrtz, and finally (3) A + (see below). Would you expect any of these to regression? Why or why not? What could you do if problems arise? y = Bo + Biz1 + Baa2 + .. + BeIk + Bn» (In + z4) + u

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3. Given the following multiple linear regression:
y = Bo + Biz1 + Bzz2+. + BeIk + u
You decide to try to include each of the following variables into the regression: (1) first Inz then (2)
sqrtz, and finally (3) Ik + 11 (see below). Would you expect any of these to cause problems in vour
regression? Why or why not? What could you do if problems arise?
y = Bo + Bz1 + Bzz +.. + BeIk + Bae (In + I4) + u
y = Bo + B1z1 + B12 + .. + BIk + Bue1()7k + 1) + u
Transcribed Image Text:3. Given the following multiple linear regression: y = Bo + Biz1 + Bzz2+. + BeIk + u You decide to try to include each of the following variables into the regression: (1) first Inz then (2) sqrtz, and finally (3) Ik + 11 (see below). Would you expect any of these to cause problems in vour regression? Why or why not? What could you do if problems arise? y = Bo + Bz1 + Bzz +.. + BeIk + Bae (In + I4) + u y = Bo + B1z1 + B12 + .. + BIk + Bue1()7k + 1) + u
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