Modeling each auction type
You just saw that the opening bid price appeared not to affect the final sale price of Palm Pilots in the eBay auctions. Now let's look at what happens when you model the three auction types (3 day, 5 day, and 7 day) separately.
auctions is available.
Este ejercicio forma parte del curso
Intermediate Regression with statsmodels in Python
Ejercicio interactivo práctico
Prueba este ejercicio y completa el código de muestra.
# Fit linear regression of price vs. opening bid and auction type, with an interaction, without intercept
mdl_price_vs_both = ____
# See the result
print(mdl_price_vs_both.params)