In statistics, polynomial regression is a form of linear regression in which the relationship between the independent variable x and the dependent variable y is modelled as an nth degree polynomial. Polynomial regression fits a nonlinear relationship between the value of x and the corresponding conditional mean of y. The predictors resulting from the polynomial expansion of the "baseline" predictors are known as interaction features.
The dataset used is called Prestige and comes from the car package library(car). The Prestige dataset is a data frame with 102 rows and 6 columns. Each row is an observation that relates to an occupation. The columns relate to predictors such as average years of education, percentage of women in the occupation, prestige of the occupation, etc.