Professional Documents
Culture Documents
Report: Median Housing Price Prediction Model for D. M. Pan National Real Estate Company
[Your Name]
Introduction
[Describe the report: Include in this section a brief overview, including the purpose of
Data Collection
[Sampling the data: Outline how you obtained your sample data, including the response
Data Analysis
[Describe your study briefly. Discuss the requirements of the data sets for a linear
regression. Explain the difference between response and predictor variables in a linear regression
[Histogram: Insert the histogram of the two variables. Be sure to include appropriate
labels.]
[Interpret the graphs and statistics: Describe the shape, center, spread, and any
unusual characteristic (outliers, gaps, etc.) and what they mean based on your sample data and
[Explain how these characteristics of the sample data compare to the same characteristics
of the national population. Also, determine whether your sample is representative of the national
[Scatterplot: Include the scatterplot graph of the sample with a line of best fit.]
Median Housing Price Model for D. M. Pan National Real Estate Company 3
[Based on your graph, explain whether a regression model can be developed for the data
and how.]
[Discuss associations: Explain the associations in the scatterplot, including the direction,
[Find r: Calculate the correlation coefficient and explain how it aligns with your
[Strength of the equation: Interpret the strength of the regression equation, R-squared.]
[Use regression equation to make predictions: Use the regression equation to make a
sample prediction.]
Conclusions
[Summarize findings: Summarize your findings in clear and concise plain language.
Outline any questions arising from the study that might be interesting for follow-up research.]