Q4. Define the inverse distance weighting method? Compute the weighted mean using inverse distance weighting method for the single family housing problem. Provide an interpretation of the weighted mean of property price (lecture 5, slide 12, and write in about 77-80 words): The notations are defined as follows j= location of property dij= is the distance (00 yards) between neighboring property and the property whose value is unknown zi= value of property (000 $) wij= is the inverse distance weight (1/d) zjwij= product of inverse distance and property value

Location of SFH property Location of SFH property