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# Module Two Assignment Applied Statistics

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Generate a Representative Sample of the Data Select a region and generate a simple random sample of 30 from the data. Report 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 or is not reflective of the national market. Compare and contrast your sample with the population using the National Summary Statistics and Graphs Real Estate Data PDF document. Explain how you have made sure that the sample is random. Explain your methods to get a truly random sample. Generate Scatterplot Create a scatterplot of the x and y variables noted above and include a trend line and the regression equation Observe patterns Answer the following questions based on the scatterplot: 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 scatter plot. What do you see as the shape (linear or nonlinear)? assignment as follows read the below and then i am attaching the word document template you have to fill out and make a scatter plot. if you had a 1,800 square foot house, based on the regression equation in the graph, what price would you choose to list at? 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?
Selling Price Analysis for D.M. Pan National Real Estate Company 2 [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] Selling Price and Area Analysis for D.M. Pan National Real Estate Company 1 Southern New Hampshire University Introduction [Include in this section a brief overview, including the purpose of the report.] Representative Data Sample [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.] Data Analysis [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.] Scatterplot [Insert a scatterplot graph of the sample using the x and y variables. Include a trend line and regression equation.] The Pattern [Based on your graph, define each variable, and explain which variable will be useful for making predictions and why.] [Describe the association between x and y in the scatterplot and determine its shape. Identify any outliers you see in the graph and explain why these occur and what they represent.] [If you had a 1,800 square foot house, based on the regression equation in the graph, what price would you choose to list at? Explain.]
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