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Monopoly investigation.docx

Monopoly investigation.docx

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Published by nik_dmaths
Initial version of this task. I suggest using version 2.
Initial version of this task. I suggest using version 2.

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Published by: nik_dmaths on Feb 08, 2013
Copyright:Attribution Non-commercial

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02/15/2013

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Monopoly investigation
What defines how much a property costs? What about its rent? You are going to see how the properties arelinked to distance from Go and how this link changes as houses are built.
Section 1
Costs and distance
1.
 
Use the monopoly board to complete the first two columns of the table below.2.
 
Use the property cards to fill in the rest of the tableProperty RentDistancefrom GoName Cost Basic0Houses1House2Houses3Houses4Houses1Hotel1234567891011121314151617181920212223242526272829303132333435363938393.
 
Should you include the utilities and the stations in your data?4.
 
Why is there a 0 Houses column?
 
5.
 
Complete a scatter graph for distance from Go and initial cost. Stick your graph onto this page.6.
 
Are there any outliers? If so, what are they?7.
 
Calculate the correlation co-efficient for the Distance/Cost graph8.
 
Calculate the equation of the regression line and draw it on.
 
Section 2
Distance and rent 
1.
 
Complete a scatter graph for distance from Go and basic rent. Stick your graph onto this page.2.
 
Are there any outliers? If so, what are they?3.
 
Calculate the correlation co-efficient for the Distance/Rent graph4.
 
Calculate the equation of the regression line and draw it on.

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