[Optional] Notebook + Quiz: Other Encodings

There is a key difference between the binary 1, 0 encodings that you've been working with, and the -1, 0, 1 encoding system: In the 1, 0 coding system, comparisons are to the baseline category as we've discussed, whereas in the 1, 0, -1 coding system comparisons are to the overall average.

The coding has all been done in this notebook. In this optional concept, you may study the notebook and interpret the results in the quiz questions below.

Code

If you need a code on the https://github.com/udacity.

QUIZ QUESTION::

Use the two models you fit above to fill in the blank with the correct value for each of the interpretations below.

ANSWER CHOICES:

Description	Value
`_____`% of the variability in price can be explained by the home style.
`_____` is the predicted average home price regardless of home style.
For every victorian house we predict a `____` price increase, holding all else constant.
As compared to a lodge home, we predict a victorian home to have a higher price by `_____`, holding all else constant.
As compared to the average home, we predict the price of a victorian home to be `______` greater, holding all other variables constant.

SOLUTION:

Description	Value
As compared to a lodge home, we predict a victorian home to have a higher price by `_____`, holding all else constant.
As compared to the average home, we predict the price of a victorian home to be `______` greater, holding all other variables constant.
`_____` is the predicted average home price regardless of home style.
For every victorian house we predict a `____` price increase, holding all else constant.
`_____`% of the variability in price can be explained by the home style.

SOLUTION:

305050