25. Notebook + Quiz: Interpreting Model Coefficients
Code
If you need a code on the https://github.com/udacity.
QUIZ QUESTION::
Using your first model match each value to the correct description of that value.
ANSWER CHOICES:
|
Description |
Value |
|---|---|
The predicted difference in the price of a home in neighborhood in A as compared to neighborhood C, holding other variables constant. |
|
For every one unit increase in the area of a home, we predict the price of the home to increase by _ (holding all other variables constant)? |
|
The predicted home price if the home is a lodge in neighborhood C with an area of 0. |
|
The predicted difference in price between a victorian and lodge home, holding all other variables constant is _. |
SOLUTION:
|
Description |
Value |
|---|---|
|
The predicted home price if the home is a lodge in neighborhood C with an area of 0. |
|
|
The predicted difference in the price of a home in neighborhood in A as compared to neighborhood C, holding other variables constant. |
|
|
For every one unit increase in the area of a home, we predict the price of the home to increase by _ (holding all other variables constant)? |
|
|
The predicted difference in price between a victorian and lodge home, holding all other variables constant is _. |
QUIZ QUESTION::
Using the results from your second model, match the values to the appropriate descriptions.
ANSWER CHOICES:
|
Description |
Value |
|---|---|
For every one unit increase in the area of the home, we predict the price to increase by _. |
|
For every one unit increase in the area of the home squared, the predicted increase in price is by __. |
|
Based on the results, do you think adding a higher order term for area is useful in predicting the price of the home? |
|
The predicted difference between the price of a ranch home and a lodge, holding all other variables constant is _. |
SOLUTION:
|
Description |
Value |
|---|---|
|
Based on the results, do you think adding a higher order term for area is useful in predicting the price of the home? |
|
|
For every one unit increase in the area of the home, we predict the price to increase by _. |
|
|
For every one unit increase in the area of the home squared, the predicted increase in price is by __. |
|
|
The predicted difference between the price of a ranch home and a lodge, holding all other variables constant is _. |
|
|
For every one unit increase in the area of the home, we predict the price to increase by _. |
|
|
For every one unit increase in the area of the home squared, the predicted increase in price is by __. |
|
|
For every one unit increase in the area of the home, we predict the price to increase by _. |
|
|
For every one unit increase in the area of the home squared, the predicted increase in price is by __. |