Question: 1. Chapter 14 - Statistics - USE EXCEL Spreadsheet (20 points) Using the data below assume you have found five comps and are trying to
1. Chapter 14 - Statistics - USE EXCEL Spreadsheet (20 points) Using the data below assume you have found five comps and are trying to determine the value of the subject property a) What is the mean and median sale price (tell me the price per square foot). b) What is the range? c) What is the standard deviation (show in excel)? d) Next create a simple linear regression, determine the value of a 15,000-sq.ft. building in a market with the following comparable sales. (create scatterplot graph in excel) Gross Building Area Sale Price (x) (y) 14,000 $517,000 18,000 $643,000 19,000 $660,000 22.000 $755,000 24,500- $849,000 15 000 Subjecte
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