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Exercise

Comparing the R-squared of two models

Let's now compute \(R^2\) for the one numerical and one categorical explanatory/predictor variable model you fit in the Chapter 3, price as a function of size and whether the house had a view of the waterfront, and compare its \(R^2\) with the one you just computed.

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Compute \(R^2\) for model_price_4.