Provide a general introduction, background, and purpose of the paper, with your thesis resting on the idea of using statistical analysis to achieve better business decision and increase profitability. Also, include a discussion of the real estate industry and the impacts that influence the health, viability, and success of the real estate marketplace. Use this assignment to set the stage for the rest of your paper. It should be 1.5 - 2.0 pages, double spaced, with a cover page, reference page, and citing, as appropriate. Understand that the cover page and reference page do not count against the expected page length for this assignment.

This assignment should be 1.5 - 2.0 pages, double spaced, with a cover page, reference page, and citing. Use headers and sub-headers as much as possible. Also, be sure to spell-check your document and pay attention to grammar, usage, and other principles of good writing.

Refer to Capstone Term Project Resource for guidelines on writing the paper.

Due Dates

Unit 2: Introduction/Background of Project Topic

• Due 11:59 p.m., Sunday, CT.

Capstone Term Project Report

Let's suppose you know the owner of a local real estate company in a mid-sized Northeastern city of the United States. The name of your acquaintance's company is, "North Valley Real Estate." Your acquaintance also has a large clientele and a top-notch staff of salespeople. Luckily, the company also has some good data on the homes that have been sold by "North Valley Real Estate (NVRE)" throughout the community, over the years. This data can be found as an Excel Dataset File located in the "Files" Section of the course (Left-hand Side Menu Bar). As you may have guessed, the owner of NVRE wants to use the data to find insights into the home-selling market, and how this same insight can be used to increase their profit and business activity.

As such, your knowledge of statistics and research applications can provide a valuable service to your friend and the NVRE company; and they have hired you as their consultant. Using the data identified above, embark upon an analysis effort and creating an accompanying Report for the Owner of North Valley Real Estate.

Your purpose in the project is to glean information, knowledge, and insight from the provided data that can be used to increase the profitability of the Firm (NVRE). Your research should align to the CLOs provided for the course and lean heavily on Units 4-8 of the course for the statistical application/analysis. Specifically, the statistical tool of regression.

The Capstone Term Project Report is separated into preliminary parts for a total of 150 points (four assignments worth 25 points each, and one worth 50 points, spanning Units 2-6). The final draft is also 150 points (thus, a grand total is 300 points). The paper is to be written in APA style, 7^th edition. Deviation from APA style is strongly discouraged, and will be penalized on the final draft. H ere is the term project resource for review.