You are a real estate broker who wants to compare property values in Glen Cove and Roslyn

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You are a real estate broker who wants to compare property values in Glen Cove and Roslyn (which are located approximately 8 miles apart). In order to do so, you will analyze the data in GCRRoslyn, a file that includes samples of houses from Glen Cove and Roslyn. Making sure to include the dummy variable for location (Glen Cove or Roslyn), develop a regression model to predict appraised value, based on the land area of a property, the age of a house, and location. Be sure to determine whether any interaction terms need to be included in the model. Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
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Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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