The model y = $\beta$₀ + $\beta$₁x₁ + $\beta$₂x₂ + $\varepsilon$ is referred to as a first-order model with two predictor variables with no interaction.

Name: The model y = $\beta$ 0 + $\beta$ 1 x 1 + $\beta$ 2 x 2 + $\varepsilon$ is referred to as a first-order model with two predictor variables with no interaction.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

The model is a linear regression model with two predictor variables (x1 and x2) and no interaction term between them.

The Model Y = β\betaβ 0 β\betaβ 1x1 β\betaβ 2x2 ε\varepsilonε

The Model Y = $\beta$ ₀ $\beta$ ₁x₁ $\beta$ ₂x₂ $\varepsilon$