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Real Estate Price Analysis Guide

This document presents a housing price prediction model for a real estate company. It contains the regression equation for the line of best fit from a scatterplot, the correlation coefficient r, an analysis of the slope and intercept, an explanation of the R-squared value, and conclusions about the relationship between square footage and sales price for homes.

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329 views2 pages

Real Estate Price Analysis Guide

This document presents a housing price prediction model for a real estate company. It contains the regression equation for the line of best fit from a scatterplot, the correlation coefficient r, an analysis of the slope and intercept, an explanation of the R-squared value, and conclusions about the relationship between square footage and sales price for homes.

Uploaded by

riskmanagement recruitment
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

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[Note: To complete this template, replace the bracketed text with your own content. Remove this

note before you submit your report.]

Housing Price Prediction Model for D.M. Pan National Real Estate Company

[Your Name]

Department of Math, Southern New Hampshire University

MAT 240: Applied Statistics

[Instructor Name]

[Assignment Due Date]


2

Housing Price Prediction Model for D.M. Pan National Real Estate Company

Module Two Notes

[Copy and paste any relevant information from your Module Two assignment here to

assist you in completing this assignment. This section is not graded and is only provided to help

you easily review Module Two assignment information while completing this assignment.]

Regression Equation

[Insert the regression equation for the line of best fit using the scatterplot from your

Module Two assignment.]

Determine r

[Determine r and what it means and describes the direction, strength of correlation, and

association between the variables.]

Examine the Slope and Intercepts

[Draw conclusions from the slope and intercept in the context of this problem and

determine the value of only the land.]

R-squared Coefficient

[Explain what R-squared means in the context of this analysis.]

Conclusions

[Reflect on the relationship between square feet and sales price by addressing key

considerations such as the comparison between your selected region and overall homes in the

United States, as well as analyzing how the slope can help identify price changes, how the

regression equation can help identify appropriate listing prices, and what square footage ranges

the graph would be best used for.]

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