Question: In PS3, you had a quantitative dependent variable (rental price) of a property. You had 3 quantitative independent variables (number of beds, age, and number
In PS3, you had a quantitative dependent variable (rental price) of a property. You had 3 quantitative independent variables (number of beds, age, and number of blocks away from the ocean) and a qualitative independent variable (rental month: June, July, August). Now, you will collect data of sample size 15 from realtor-related websites such asZillow.comwhere the dependent variable will be the price of a house and the independent variables will be number of bed rooms, number of bathrooms, and high school assigned.For that data set, please fit a multiple regression model using JMP or Excel. Post the output for the parameter estimates table of regression model, and the interpretation of slopes ( b 1 , b 2 , b 3 ,b4),in usual discussion question. In addition, please submit your data (Excel file) in the assignment folder in d2l. Assume thatthe regression assumptions are satisfied for now. Hint: For simplicity, I would search "Cumming, Georgia" in the search box onZillow.com. There are several high schools in Cumming, so I would limit my data to only three high schools (South Forsyth, North Forsyth, and Denmark High School, for example), collect the data, and then conduct the analysis.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
