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STATS 7061 Statistical Analysis

tag 0 Download 7 Pages / 1,676 Words tag 09-06-2021

Question:


You have been accepted as an intern in a real estate company based in the heart of Sydney CBD. Your first job is to conduct an analysis of the current state of the Sydney rental market in various suburbs, particularly those with a significant number of international students like Sydney CBD, Ashfield, Strathfield, Parramatta, Epping, Eastwood, Hurstville, Bankstown, and so forth.
A. Individual task:  locate and select data
For a suburb of your choice, each member of your group is required to collect data of ten 2-bedroom units / apartments for rent from a real estate website (realestate.com.au or domain.com.au).   Each member must choose a different suburb.  You are to record the following information about each of the 10 units for rent in each suburb:
a.Number of bedrooms
b.Number of bathrooms
c.Dishwasher (yes / no)
d.Walking distance to nearest train station (in minutes)
e.Minimum total travel time to Sydney Opera House by public transport (in minutes – according to weekday normal timetables)
f.Rent per week ($)
Q1. Determine and provide explanations for measurement levels of data specified above from (a) to (f).  
Q2. List and present the data collected in a table (template as below – Table 1).  For each observation, list the source where you have obtained the data.
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