Answer: Introduction Current Research has found out that Sydney is among one of the world’s most overvalued cities for real estate (Grybauskas & Plinkiene, 2018). Thus, Engsted, Hviid & Pedersen (2016) stated that this phenomenon makes it almost impossible for a millennial to ever own a house in Sydney. According to the Duke & Robertson (2018), the property prices in Sydney are overvalued by 50 percent compared to the averag...Read More >>
Question: Introduction The paper discusses the change of the Market price (Y) of houses due to changes in the Price index (X1), Annual % change (X2), Total number of square meters (X3), and Age of house (years) (X4) with the help of building regression model. Y is the dependent variable and the rest of the four variables are the predictor variables. The multiple linear regression model is fitted using the Data Analysis Tool-Pak of MS Excel so...Read More >>
Answer: Presenting Charts The above figure represents the distribution of price index of houses at Brisbane. The histogram shows that the price index of houses is left skewed, i.e., the median price index is higher than the mean price index at Brisbane (Black 2016). The above figure represents the distribution of price index of houses at Sydney. The histogram shows that the price index of houses is right skewed, i.e., the median price inde...Read More >>
Answers: Introduction The key aim of the given report is to frame an appropriate regression model for the variables that have been presented. The total variable count for the given dataset is five and all these variables are in the form of quantitative data allowing the performing of regression analysis. As the data has been provided for each of the past 15 years, hence the sample size is 15. The primary objective is to develop a multiple...Read More >>
Answers: Introduction The Board of Directors of the Schmeckt Gut has sales from three countries which includes Industria, Nokaragua and the Federated Island. The board of directors has ensured the sale of the past twenty five years has been recorded. The data provided was analyzed using descriptive be used in prediction of sales for the five years to come. The newly expansion of the Schmeckt Gut in Sweden is point of interest for the board of...Read More >>
Question: Context: The assessment is an Individual Presentation and assesses understanding of basic Statistics concepts covered at the beginning of the trimester, graphical analysis, descriptive statistics, probability theory and probability distributions Instructions: The purpose of this assessment is practical application of descriptive statistics. You are requested to search for real world data and process it using appropriate numerical a...Read More >>
Question: Context: The main aims to develop students’ competency in statistical literacy for decision making in the local and global business environment. It reviews statistical techniques for the quantitative evaluation of data in Financial applications. Students will develop analytical and statistical skills to enable them to transform data into meaningful information for the purpose of decision making Instructions: To more broadl...Read More >>
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