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Consider the sample data on Boston house prices given by the Excel file Boston.xlsx. The definitions of each column are given below 1. CRIM: per
Consider the sample data on Boston house prices given by the Excel file "Boston.xlsx". The definitions of each column are given below 1. CRIM: per capita crime rate by town 2. ZN: proportion of residential land zoned for lots over 25,000 sq.ft. 3. INDUS: proportion of non-retail business acres per town 4. CHAS: Charles River dummy variable (= 1 if tract bounds river; 0 otherwise) 5. NOX: nitric oxides concentration (parts per 10 million) 6. RM: average number of rooms per dwelling 7. AGE: proportion of owner-occupied units built prior to 1940 8. DIS: weighted distances to five Boston employment centers 9. TAX: full-value property-tax rate per $10,000 10. PTRATIO: pupil (student) - teacher ratio by town 1 1. VALUE: Median value of owner-occupied homes in $10,000's You have been asked to build a model that will help you estimate/explain the value of a given property in the Boston area given all the other variables (a total of 10 variables) given in the above list
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