Exercise

Including an interaction

Just as in the case with one numeric and one categorical explanatory variable, it is possible for numeric explanatory variables to interact. With this model structure, you'll get a third slope coefficient: one for each explanatory variable and one for the interaction.

Here, you'll run, predict, and plot the same model as in the previous exercise, but this time including an interaction between the explanatory variables.

Instructions

100 XP
  • Change the name of the model to mdl_price_vs_conv_dist_inter.
  • Adapt the rest of the code from the previous exercise to include an interaction.