Jax House Prices Data (Appendix C.6) Your goal is to model SALESPRICE as a function of BEDROOMS, BATHS, AGE2020, GROSSSF, HTDSF, LOTSF, and POOL. You are particularly interested in the possible effect...


Jax House Prices Data (Appendix C.6) Your goal is to model SALESPRICE as a function of BEDROOMS, BATHS, AGE2020, GROSSSF, HTDSF, LOTSF, and POOL. You are particularly interested in the possible effect of a pool on the price of the house, other variables being equal. (For this, you will need to create a variable, POOL1, that is 1 if the house has a pool and 0 if it does not.) You should exclude townhouses from your analysis. It is possible that not all of these independent variables are useful, so a simpler model may be better than an overly complex one.



May 23, 2022
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