Question
Question: In PS3, you had a quantitative dependent variable (rental price) of a property. You had 3 quantitative independent variables (number of beds, age, and
Question:
In PS3, you had a quantitative dependent variable (rental price) of a property. You had 3 quantitative independent variables (number of beds, age, and number of blocks away from the ocean) and a qualitative independent variable (rental month: June, July, August). Now, you will collect data of sample size 15 from realtor-related websites such as Zillow.com where the dependent variable will be the price of a house and the independent variables will be number of bed rooms, number of bathrooms, and high school assigned. For that data set, please fit a multiple regression model using JMP or Excel. Post the output for the parameter estimates table of regression model, and the interpretation of slopes ( b 1 , b 2 , b 3 , b4), in usual discussion question. In addition, please submit your data (Excel file) in the assignment folder in d2l. Assume that the regression assumptions are satisfied for now. Hint: For simplicity, I would search "Cumming, Georgia" in the search box on Zillow.com. There are several high schools in Cumming, so I would limit my data to only three high schools (South Forsyth, North Forsyth, and Denmark High School, for example), collect the data, and then conduct the analysis.
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