Cmplte MAT 240 Module Two Assignment Template

Selling Price and Area Analysis for D.M. Pan National Real Estate Company 1 Report: Selling Price and Area Analysis for D.M. Pan National Real Estate Company Tori Hart Department of Mathematics, SNHU MAT 240: Applied Statistics Jennifer Turner 21 January 2024

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 This report is examining the relationship between the selling price of properties in the pacific region and their size in square feet. Generate a Representative Sample of the Data Real Estate County Data for 2019 2019 Data (n=1000) Region State County listing price square feet Pacific wa clark 460,700 $240 1,922 Pacific wa cowlitz 420,400 $227 1,856 Pacific wa franklin 436,000 $250 1,744 Pacific wa grant 370,100 $274 1,351 Pacific wa grays harbor 395,300 $284 1,393 Pacific wa island 269,300 $213 1,263 Pacific wa king 405,700 $225 1,800 Pacific wa kitsap 362,900 $249 1,459 Pacific wa lewis 402,300 $219 1,841 Pacific wa mason 332,900 $291 1,145 Pacific wa pierce 500,200 $251 1,993 Pacific wa skagit 330,100 $277 1,193 Pacific wa snohomish 356,400 $257 1,385 Pacific wa spokane 422,800 $289 1,462 Pacific wa thurston 309,400 $239 1,296 Pacific wa walla walla 420,400 $214 1,963 Pacific wa whatcom 430,400 $256 1,680 Pacific wa whitman 362,200 $293 1,238 Pacific wa yakima 442,800 $259 1,709 Pacific or umatilla 345,500 $313 1,104 Pacific or washington 764,900 $218 3,504 Pacific or yamhill 676,100 $185 3,656 $'s per square foot Mean of listing price: $508,980 Mean of $’s per square foot: $232 Mean of square feet: 3,425

Selling Price and Area Analysis for D.M. Pan National Real Estate Company 4 Observe Patterns X represents the listing price of a property and Y represents the square feet. I believe the square feet is useful for making predictions because a pattern can be seen, the properties larger in square feet are worth more money. Yes, the larger a property is in square feet, the bigger the listing price is. With this scatterplot, I see a linear shape. I don’t see any outliers in my scatterplot.