Jax House Prices Data (Appendix C.6) Your goal is to model the price per square foot (PRICEPERSF=SALEPRICE/GROSSF) of homes as a function of their age. Excluding townhouses from the analysis, is age a...


Jax House Prices Data (Appendix C.6) Your goal is to model the price per square foot (PRICEPERSF=SALEPRICE/GROSSF) of homes as a function of their age. Excluding townhouses from the analysis, is age a useful predictor of PRICEPERSF? Illustrate your answer using prediction intervals for two homes, one fairly new and another fairly old. Check the assumptions of the model.



May 23, 2022
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