Question: Please see the image for the questions! The required .csv can be found here - PLEASE DOWNLOAD http://s000.tinyupload.com/?file_id=05542781397153260844 3. The file Phila. cav gives a

Please see the image for the questions!

The required .csv can be found here - PLEASE DOWNLOAD

http://s000.tinyupload.com/?file_id=05542781397153260844

Please see the image for the questions! The required .csv can be

3. The file Phila. cav gives a data set describing housing prices and crime rates in the Philadel- phia area. Price is the average price for sales in a particular year in a community. Crime is the crime rate per 1,000 population. In addition, Miles is the distance in miles to Center City, Philadelphia. (a) Fit a multiple regression model to the data for predicting the housing price of a commu- nity using the crime rate and distance to Center City information. Perform regression diagnostics to address any heteroscedasticity and/or non-linearity issue. (b) Based on the model in part (a), for a community that is 12 miles away from Center City, Philadelphia, if the crime rate increases from 35 per 1000 to 42 per 1000, what impact do you expect it to have on the housing price in that community

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