Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Positive peer review for work: Comparison of the average prices, availability, and review across each neighborhood group the highest average price for an Airbnb is
Positive peer review for work: Comparison of the average prices, availability, and review across each neighborhood group the highest average price for an Airbnb is in Manhattan neighborhood group Staten Island has the most rooms available. Most reviews from hosts are to Staten Island and most could be positive reviews because they have room available at most times hence one can rely on an Airbnb availability in such a neighborhood. Across all the neighborhood groups an entire home/apt is highly priced (averagely double) as compared to the other types of rooms. This could be because most people prefer an entire home/apt Airbnb to have access to a lot of facilities in it. The room availability does not affect the price of the room. From the graph, the room with the highest availability is the shared room which has the lowest price. Entire home/apt is the second highest with room availability and is the highest priced averagely. In general, most hosts prefer an entire room/apt Airbnb, and this could be due to so many reasons such as comfort and more access to facilities looking at the average pricing. Number of minimum nights spent in each room type in the various
Step 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