Read the problem and formulate a problem statement that is clear, concise, and measurable. It should highlight the action plan to solve the clients problem. It should be no more than two sentences.

The Problem Imagine you are a data science consultant and you have just been hired by a real estate company to complete an analysis project. You walk in on the first day to get the run down of why you have been hired. After sitting in on meeting after meeting, listening to the key stakeholders, and asking lots of questions, this is what you walk away with. You are told by numerous people that they are having a hard time accurately pricing houses. Often, they price houses too low. While they sell quickly, they are not maximizing the profit for themselves and their clients. Other times, they price them too high. The downside in this situation is the house sits on the market for a while, which costs money, and they ultimately lower the prices or spend a lot of time negotiating with potential buyers. In either case, they are missing out on potential earnings. Currently, they do not have a structured way to come up with a house price other than looking at comparable homes in the area using FMLS (the professional 'Zillow' for real estate agents), getting an inspection, and simply using their instincts and past experience to come up with what they feel is an accurate price. It would be very helpful if they could more accurately predict the listing price. In addition, they would love to know what the key features (or variables) are that increase the value of a home. With this information, they could better direct clients on what renovations they should do to increase the value of their home and earn more money. Understanding what increases the value of a home and having the ability to accurately predict the selling price, will allow the company to better serve their clients and increase their revenue. Shape4 LAB ASSIGNMENT TASKS (Check tasks off as you go). Task 1: On the "Prob Statement" worksheet in the "Housing Market Dataset" excel workbook, formulate a problem statement that is clear, concise, and measurable. It should highlight your action plan to solve the client's problem. It should be no more than 2 sentences