Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please i need help for this question i'm on anesthesia and i cant focus to answer it its question number 5 the description of what
please i need help for this question i'm on anesthesia and i cant focus to answer it its question number 5 the description of what to do is there too.
Project Description: The Region_X_Property.xlsx dataset contains the following variables. List of Variables: Total Value, Land Value, # Acres Land Area, First floor Sq. Feet, Out door Condition, Heating System, # Rooms, # Bedrooms, # Completed Bathrooms,# of Uncompleted Bathroom and #Fire-place. A Real Estate Company - REC, has hired your team as a consultant group to know what are the significant factors that influence determining the Total Value of a property in the Region. In doing so REC expects your team to come up with a mathematical model to make reasonable projections of properties Total Value in the Region. To complete this project your team members are given a random sample of 80 properties whith the following variables collected for each property: Total Value, Land Value, # Acres Land Area, First floor Sq. Feet, Out door Condition, Heating System, # Rooms, # Bedrooms, # Completed Bathrooms,# of Uncompleted Bathroom and #Fire-place. In your case study compute the 7 relevant questions (but you are not limited to) 5 Perform a simple linear model between Total Value and # Rooms (Model 1) also Total Value and First floor Sq. F (Model 2). Which one of the two models do you recommend to REC and why? Project Description: The Region_X_Property.xlsx dataset contains the following variables. List of Variables: Total Value, Land Value, # Acres Land Area, First floor Sq. Feet, Out door Condition, Heating System, # Rooms, # Bedrooms, # Completed Bathrooms,# of Uncompleted Bathroom and #Fire-place. A Real Estate Company - REC, has hired your team as a consultant group to know what are the significant factors that influence determining the Total Value of a property in the Region. In doing so REC expects your team to come up with a mathematical model to make reasonable projections of properties Total Value in the Region. To complete this project your team members are given a random sample of 80 properties whith the following variables collected for each property: Total Value, Land Value, # Acres Land Area, First floor Sq. Feet, Out door Condition, Heating System, # Rooms, # Bedrooms, # Completed Bathrooms,# of Uncompleted Bathroom and #Fire-place. In your case study compute the 7 relevant questions (but you are not limited to) 5 Perform a simple linear model between Total Value and # Rooms (Model 1) also Total Value and First floor Sq. F (Model 2). Which one of the two models do you recommend to REC and whyStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started