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You have been asked to review three statistical models which will be used to calculate the appraised value for multi-family properties in Boston. Based on

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You have been asked to review three statistical models which will be used to calculate the appraised value for multi-family properties in Boston. Based on the statistics provided below which model would you select. Model 301: has an R Square of .154 and an adjusted R Square of .021 Model 710: has an R Square of .954 and an adjusted R Square of .921 Model 445: has an R Square of .025 and an adjusted R Square of .121 Model 221: has an R Square of .954 and an adjusted R Square of .923 Model 555: has an R Square of .525 and an adjusted R Square of .501 Model 221 Model 301 Model 445 Model 555 Model 110

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