Median Housing Price Prediction Model for D.M. Pan Real Estate Company
Median Housing Price Prediction Model for D.M. Pan Real Estate Company
Leah Reid
Southern New Hampshire University
5/23/21
MAT 240: Applied Statistics
Median Housing Price Prediction Model for D.M. Pan National Real Estate Company
2
Regression
kane
Equation
$12
$10
Determine r
The R in this situation would have to be the median listing price as shown in the scatterplot above. The
$8
$2
various relationships 12 that the median listing price shares
$
10
kane
in this case would be with the median square feet and the price per square foot.
Examine the Slope and Intercepts
Judging from the slope of this equation, it would appear to have a weak correlation
amongst the variables.
R-squared Coefficient
Conclusions
What it comes down to is, that the relationship between the median listing price and
square feet appears to be weak as the median listing price is higher than per square feet.
Median Housing Price Prediction Model for D.M. Pan National Real Estate Company