Choose one suburb and perform the following task from 2018 data It is a common p

Posted: December 10th, 2022

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Choose one suburb and perform the following task from 2018 data It is a common perception
that the land size and the number of rooms available influence the house price.
(i) Explore the
relationship between land size and the house price, (ii) Explore the relationship between
available number of rooms and the house price. Use simple linear regression model to analyze
question (i) and (ii) and report your findings (including all output from Excel (p-values of
independent variables, multiple R, R-squared, physical meaning of co-efficient) and
interpretation of results. (iii) Use the multiple linear regression model and interpret the result of
p-values of independent variables, multiple R, Adjusted R-squared, physical meaning of co-
efficient and significance of “f “statistics.
I have already chosen 3 suburbs in the data below. You can choose 1 to do (any suburb).

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