We Should Include an Interaction Variable in a Regression Model

question 3

True/False

We should include an interaction variable in a regression model if we believe that the effect of one explanatory variable on the response variable Y depends on the value of another explanatory variable .

---

Definitions:

Locus Of Causality

Attribution of behavior to either an aspect of the actor (internal) or to some aspect of the situation (external).

Stability

The condition of being resistant to change and not easily upset or disturbed.

Internality

The belief in one's ability to control events and outcomes in their own life, often associated with a proactive mindset.

Externality

A term in economics where a cost or benefit that affects a party who did not choose to incur that cost or benefit.