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True or False : If we believe that the effect of advertising for a vacation resort...

True or False : If we believe that the effect of advertising for a vacation resort on occupancy rates differs by age, then we should include an interaction term between occupancy rates and age.

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TRUE,

if we believe that any factor has effect on the occupancy rate an interaction coefficient of that variable should be included in the occupancy rate for the hotel

therefore,

If we believe that the effect of advertising for a vacation resort on occupancy rates differs by age, then we should include an interaction term between occupancy rates and age IS TRUE

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