The model y = β₀ + β₁x₁ + β₂x₂ + ε is referred to as a first-order model with two predictor variables with no interaction.

Name: The model y = β 0 + β 1 x 1 + β 2 x 2 + ε is referred to as a first-order model with two predictor variables with no interaction.
Brand: Quizplus
Rating: 4.8 (56 reviews)

Question

Quizplus · Accepted Answer

A first-order model includes linear terms of the predictor variables without any interaction or higher-order terms.

The Model Y = β0 + β1x1 + β2x2

The Model Y = β₀ + β₁x₁ + β₂x₂