Home	Price	SqFt	Bedrooms	Bathrooms	Offers	Brick	Neighborhood	new brick	Neighborhood (W)	Neighborhood (E)
1	$553,500	1790	2	2	2	No	North	0	0	0
2	$572,000	2030	4	2	3	No	East	0	1	0
3	$575,000	1740	3	2	1	Yes	East	1	1	0
4	$474,500	1980	3	2	3	No	East	0	1	0
5	$599,000	2130	3	3	3	No	East	0	1	0
6	$573,000	1780	3	2	2	No	North	0	0	0
7	$746,000	1830	3	3	3	Yes	West	1	0	1
8	$751,500	2160	4	2	2	No	West	0	0	1
9	$596,000	2110	4	2	3	No	East	0	1	0
10	$520,000	1730	3	3	3	No	East	0	1	0
11	$664,500	2030	3	2	3	Yes	East	1	1	0
12	$620,000	1870	2	2	2	Yes	East	1	1	0
13	$513,000	1910	3	2	4	No	North	0	0	0
14	$632,500	2150	3	3	5	Yes	North	1	0	0
15	$843,000	2590	4	3	4	No	West	0	0	1
16	$716,000	1780	4	2	1	No	West	0	0	1
17	$736,500	2190	3	3	4	Yes	East	1	1	0
18	$418,000	1990	3	3	4	No	North	0	0	0
19	$563,000	1700	2	2	1	Yes	East	1	1	0
20	$817,000	1920	3	3	2	Yes	West	1	0	1
21	$581,000	1790	3	2	3	No	East	0	1	0
22	$569,000	2000	3	2	4	No	North	0	0	0
23	$458,500	1690	3	2	3	No	North	0	0	0
24	$535,500	1820	3	2	3	Yes	North	1	0	0
25	$788,000	2210	4	3	2	Yes	East	1	1	0
26	$746,500	2290	4	3	3	No	North	0	0	0
27	$647,000	2000	4	2	3	No	West	0	0	1
28	$496,500	1700	3	2	2	No	East	0	1	0
29	$345,500	1600	2	2	3	No	North	0	0	0
30	$908,000	2040	4	3	1	Yes	West	1	0	1
31	$893,000	2250	4	3	3	Yes	West	1	0	1
32	$566,500	1930	2	2	2	Yes	North	1	0	0
33	$681,000	2250	3	3	3	Yes	East	1	1	0
34	$701,000	2280	5	3	4	Yes	East	1	1	0
35	$589,000	2000	2	2	3	No	North	0	0	0
36	$585,500	2080	3	3	3	No	North	0	0	0
37	$587,500	1880	2	2	2	No	North	0	0	0
38	$732,000	2420	4	3	4	No	West	0	0	1
39	$644,500	1720	3	2	1	No	West	0	0	1
40	$541,000	1740	3	2	2	No	North	0	0	0
41	$533,000	1560	2	2	1	No	East	0	1	0
42	$644,000	1840	4	3	2	Yes	West	1	0	1
43	$528,000	1990	2	2	3	No	East	0	1	0
44	$776,000	1920	3	2	1	Yes	East	1	1	0
45	$823,500	1940	3	3	2	Yes	West	1	0	1
46	$516,000	1810	3	2	3	No	East	0	1	0
47	$654,000	1990	2	3	2	Yes	East	1	1	0
48	$451,500	2050	3	2	6	No	North	0	0	0
49	$579,500	1980	2	2	2	No	East	0	1	0
50	$539,500	1700	3	2	3	Yes	North	1	0	0
51	$761,500	2100	3	2	3	Yes	East	1	1	0
52	$455,500	1860	2	2	3	No	North	0	0	0
53	$587,000	2150	2	3	4	No	North	0	0	0
54	$654,000	2100	3	2	3	No	North	0	0	0
55	$406,500	1650	3	2	3	No	North	0	0	0
56	$630,500	1720	2	2	2	Yes	East	1	1	0
57	$706,500	2190	3	2	3	Yes	East	1	1	0
58	$739,500	2240	4	3	3	No	West	0	0	1
59	$672,500	1840	3	3	1	No	West	0	0	1
60	$766,000	2090	4	2	1	No	West	0	0	1
61	$867,500	2200	3	3	1	No	West	0	0	1
62	$504,500	1610	2	2	2	No	North	0	0	0
63	$757,500	2220	4	3	2	No	West	0	0	1
64	$602,500	1910	2	3	2	No	East	0	1	0
65	$650,500	1860	3	2	2	No	West	0	0	1
66	$561,500	1450	2	2	1	Yes	North	1	0	0
67	$631,000	2210	3	3	4	No	North	0	0	0
68	$759,500	2040	4	3	3	No	East	0	1	0
69	$468,000	2140	3	2	4	Yes	North	1	0	0
70	$798,000	2080	4	3	3	No	West	0	0	1
71	$787,500	1950	3	3	3	Yes	West	1	0	1
72	$781,000	2160	4	2	1	No	West	0	0	1
73	$536,500	1650	3	2	3	No	North	0	0	0
74	$628,500	2040	3	2	2	No	East	0	1	0
75	$698,000	2140	3	3	3	No	West	0	0	1
76	$534,500	1900	2	2	2	No	North	0	0	0
77	$607,000	1930	3	2	2	No	West	0	0	1
78	$883,500	2280	4	3	3	Yes	West	1	0	1
79	$606,500	2130	3	2	3	No	North	0	0	0
80	$669,000	1780	4	2	1	No	West	0	0	1
81	$719,000	2190	3	3	4	Yes	East	1	1	0
82	$918,500	2140	4	3	2	Yes	West	1	0	1
83	$797,000	2050	2	2	1	Yes	West	1	0	1
84	$738,500	2410	3	3	2	No	East	0	1	0
85	$452,500	1520	2	2	3	No	North	0	0	0
86	$900,500	2250	4	3	2	Yes	West	1	0	1
87	$513,500	1900	4	2	4	No	North	0	0	0
88	$859,500	1880	3	3	1	Yes	West	1	0	1
89	$638,500	1930	3	3	2	No	North	0	0	0
90	$489,000	2010	2	2	4	No	North	0	0	0
91	$713,500	1920	4	2	2	No	West	0	0	1
92	$582,500	2150	3	2	2	No	East	0	1	0
93	$674,000	2110	3	2	2	No	West	0	0	1
94	$785,500	2080	3	3	2	No	East	0	1	0
95	$798,000	2150	4	3	3	Yes	West	1	0	1
96	$767,500	1970	2	2	1	Yes	West	1	0	1
97	$666,500	2440	3	3	3	No	East	0	1	0
98	$636,000	2000	2	2	1	Yes	East	1	1	0
99	$705,500	2060	3	2	1	No	West	0	0	1
100	$839,000	2080	3	3	2	Yes	West	1	0	1
101	$516,000	2010	3	2	5	No	North	0	0	0
102	$615,500	2260	3	3	5	No	East	0	1	0
103	$684,000	2410	3	3	4	No	East	0	1	0
104	$1,012,000	2440	4	3	3	Yes	West	1	0	1
105	$411,500	1910	3	2	4	No	East	0	1	0
106	$691,500	2530	4	3	4	No	West	0	0	1
107	$542,500	2130	3	2	4	No	North	0	0	0
108	$673,000	1890	3	2	1	Yes	East	1	1	0
109	$591,000	1990	3	3	3	Yes	East	1	1	0
110	$543,500	2110	3	2	3	No	East	0	1	0
111	$558,000	1710	2	2	1	No	North	0	0	0
112	$574,500	1740	2	2	2	No	North	0	0	0
113	$624,000	1940	2	2	2	Yes	West	1	0	1
114	$583,500	2000	3	2	3	Yes	North	1	0	0
115	$622,500	2010	4	3	2	No	East	0	1	0
116	$512,500	1900	3	3	3	No	North	0	0	0
117	$979,500	2290	5	4	1	Yes	West	1	0	1
118	$589,000	1920	3	2	2	No	North	0	0	0
119	$755,000	1950	3	2	3	Yes	North	1	0	0
120	$548,500	1920	2	2	4	No	North	0	0	0
121	$552,000	1930	2	3	3	No	North	0	0	0
122	$528,000	1930	3	3	3	No	East	0	1	0
123	$730,000	2060	2	2	1	Yes	East	1	1	0
124	$599,500	1900	3	3	3	Yes	East	1	1	0
125	$743,500	2160	4	3	3	Yes	East	1	1	0
126	$567,500	2070	2	2	2	No	North	0	0	0
127	$713,500	2020	3	3	1	No	West	0	0	1
128	$623,000	2250	3	2	4	No	North	0	0	0

5. Suppose it is conjectured that the brick premium varies by neighborhood. To account for this conjecture, we augment Model 1 with interaction terms as follows:

Price = a + b₁SqFt + b₂Bedrooms + b₃Bathrooms + b₄Offers + b₅Brick + b₆East + b₇West + b₈Brick*East + b₉Brick*West

Call this model as Model 2. Estimate this model with StatTools. Include an screenshot of the model output.

6. Provide an economic interpretation of b₈ in Model 2.

7. Based in Model 2, what is the brick premium in the:

a. North? $__________

b. East? $__________

c. West? $__________