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MAT 240 Module Two Assignment Template

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0% found this document useful (0 votes)
249 views

MAT 240 Module Two Assignment Template

Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Selling Price and Area Analysis for D.M.

Pan National Real Estate Company 1

[Note: To complete this template, replace the bracketed text with your own content. Remove this

note before you submit your outline.]

Report: Selling Price and Area Analysis for D.M. Pan National Real Estate Company

[Your Name]

Department of Mathematics, SNHU

MAT 240: Applied Statistics

[Instructor Name]

[Due Date]
Selling Price and Area Analysis for D.M. Pan National Real Estate Company 2

Report: Selling Price and Area Analysis for D.M. Pan National Real Estate Company

Introduction

[Include in this section a brief overview, including the purpose of the report.]

Generate a Representative Sample of the Data

[Present your simple random sample of 30, including the region you selected for your

sample. Then identify the mean, median, and standard deviation of the listing price and the

square foot variables.]

Analyze Your Sample

[Discuss how the regional sample created is reflective of the national market. Compare

and contrast your regional sample with the national population using the National Statistics and

Graphs document found in the Module Two Assignment Guidelines and Rubric.

Explain how you have made sure that the sample is random. Explain your methods to get a truly

random sample.]

Generate Scatterplot

[Insert a scatterplot graph of the sample using the x and y variables. Include a trend line

and the regression equation. Label the axes.]

Observe Patterns

[Define x and y. Which variable is useful for making predictions?]

[Is there an association between x and y? Describe the association you see in the

scatterplot.]

[What do you see as the shape (linear or nonlinear)?]

[If you had an 1,800 square foot house, based on the regression equation in the graph,

what price would you choose to list at?]


Selling Price and Area Analysis for D.M. Pan National Real Estate Company 3

[Do you see any potential outliers in the scatterplot?]

[Why do you think the outliers appeared in the scatterplot you generated?]What do they

represent?]

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