[ORDER SOLUTION] Median Housing Price Prediction 

OverviewThe purpose of this project is to have you complete all of the steps of a real-world linear regression research project starting with developing a research question, then completing a comprehensive statistical analysis, and ending with summarizing your research conclusions.ScenarioYou have been hired by the D. M. Pan National Real Estate Company to develop a model to predict median housing prices for homes sold in 2019. The CEO of D. M. Pan wants to use this information to help their real estate agents better determine the use of square footage as a benchmark for listing prices on homes. Your task is to provide a report predicting the median housing prices based square footage. To complete this task, use the provided real estate data set for all U.S. home sales as well as national descriptive statistics and graphs provided.DirectionsUsing the Project One Template located in the What to Submit section, generate a report including your tables and graphs to determine if the square footage of a house is a good indicator for what the listing price should be. Reference the National Statistics and Graphs document for national comparisons and the Real Estate County Data spreadsheet (both found in the Supporting Materials section) for your statistical analysis.Note: Present your data in a clearly labeled table and using clearly labeled graphs.Specifically, include the following in your report:IntroductionDescribe the report: Give a brief description of the purpose of your report.Define the question your report is trying to answer.Explain when using linear regression is most appropriate.When using linear regression, what would you expect the scatterplot to look like?Explain the difference between response and predictor variables in a linear regression to justify the selection of variables.Data CollectionSampling the data: Select a random sample of 50 counties.Identify your response and predictor variables.Scatterplot: Create a scatterplot of your response and predictor variables to ensure they are appropriate for developing a linear model.Data AnalysisHistogram: For your two variables, create histograms.Summary statistics: For your two variables, create a table to show the mean, median, and standard deviation.Interpret the graphs and statistics:Based on your graphs and sample statistics, interpret the center, spread, shape, and any unusual characteristic (outliers, gaps, etc.) for the two variables.Compare and contrast the shape, center, spread, and any unusual characteristic for your sample of house sales with the national population. Is your sample representative of national housing market sales?Develop Your Regression ModelScatterplot: Provide a graph of the scatterplot of the data with a line of best fit.Explain if a regression model is appropriate to develop based on your scatterplot.Discuss associations:Based on the scatterplot, discuss the association (direction, strength, form) in the context of your model.Identify any possible outliers or influential points and discuss their effect on the correlation.Discuss keeping or removing outlier data points and what impact your decision would have on your model.Find r: Find the correlation coefficient (r).Explain how the r value you calculated supports what you noticed in your scatterplot.Determine the Line of Best Fit. Clearly define your variables. Find and interpret the regression equation. Assess the strength of the model.Regression equation: Write the regression equation (i.e., line of best fit) and clearly define your variables.Interpret regression equation: Interpret the slope and intercept in context.Strength of the equation: Provide and interpret R-squared.Determine the strength of the linear regression equation you developed.Use regression equation to make predictions: Use yourregression equation to predict how much you should list your home for based on the square footage of your home.ConclusionsSummarize findings: In one paragraph, summarize your findings in clear and concise plain language for the CEO to understand. Summarize your results.Did you see the results you expected, or was anything different from your expectations or experiences?What changes could support different results, or help to solve a different problem?Provide at least one question that would be interesting for follow-up research.

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[ORDER SOLUTION] Median Housing Price Prediction 
Get a 15% Discount on this Paper
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyCoursebay
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Social Work and Human Services
Great Work!
Customer 452587, September 8th, 2021
Business and administrative studies
GOOD
Customer 452813, June 30th, 2022
Management
Comprehensively done. Thank you
Customer 452583, July 20th, 2021
History
thank you so much for the help, I really appreciate that.
Customer 452725, February 13th, 2022
Social Work and Human Services
Thank you for the great job
Customer 452469, February 3rd, 2021
Nursing
Another great paper! Thank you!
Customer 452707, June 16th, 2022
public speaking
The work was excelent and very professional.
Customer 452653, November 1st, 2021
English 101
Although a little late, the content and structure of the paper was great! I would definitely use this writer again!
Customer 452561, July 12th, 2021
Other
AWESOME
Customer 452813, June 30th, 2022
Nursing
Thank you for a great paper.
Customer 452707, August 6th, 2022
Nursing
Awesome work!!!!!!
Customer 452453, March 24th, 2021
Other
Awesome Work!
Customer 452587, February 24th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
NEW

Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now