The model $\gamma _ { i } = \beta _ { 0 } + \beta _ { 1 } x _ { i } + \beta _ { 2 } x _ { i } ^ { 2 } + \ldots \ldots \ldots + \beta _ { y } x _ { i } ^ { y } + \varepsilon _ { i }$ is referred to as a polynomial model with one predictor variable.

Question

Quizplus · Accepted Answer

The given equation is a polynomial model with one predictor variable, where the predictor variable is x and it is raised to various powers from 1 to y.

The Model Is Referred to as a Polynomial Model with One Predictor