Manufactured homes have been the typical choice for families looking for affordable housing and customizability. However, compared to a site-built home, they carry a different amount of value over time and have different financing solutions (Brock, 2023). This, coupled with the fact that site-built home 30-year mortgage rates are at 3.94% over 2018's 4.54%, would suggest that production of manufactured homes is lower due to lower demand (Miller, 2023). Otherwise, both types of homes have a tight relation, with lower production drops for manufactured homes and more significant volumes available for site-built homes.
Manufactured homes have been the typical choice for families looking for affordable housing and customizability. However, compared to a site-built home, they carry a different amount of value over time and have different financing solutions (Brock, 2023). This, coupled with the fact that site-built home 30-year mortgage rates are at 3.94% over 2018's 4.54%, would suggest that production of manufactured homes is lower due to lower demand (Miller, 2023). Otherwise, both types of homes have a tight relation, with lower production drops for manufactured homes and more significant volumes available for site-built homes.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
How can I explain these graphs in a presentation?
Transcribed Image Text:Northeast
Figure 4
35
30
25
20
15
10
5
0
Q1 Q2 Q3
2017
700
600
500
400
300
200
100
0
●
Q4
Q1
2017
Q1
2018
02 Q3 Q4
Q2 Q3 Q4
Q1
2018
Note. (Number of Site-built are in thousands)
Figure 5
Q2
Q3
Northeast Site-built Homes
Q4
Q1 Q2 Q3 Q4
2019
-Northeast
Q1 Q2 Q3 Q4 Q1
2021
2020
-CMA -Regression Prediction
Northeast Manufactured Homes
Q1 Q2 Q3 Q4 Q1
2020
2021
Q2
Q1 Q2 Q3 Q4
2019
-northeast -cma --Regression Prediction
Q3
Q2
Q4
Q3 Q4
Q1 Q2 Q3 Q4
2022
AAM
Q1
2022
Q2 Q3 Q4
Transcribed Image Text:Manufactured homes have been the typical choice for families
looking for affordable housing and customizability. However,
compared to a site-built home, they carry a different amount of
value over time and have different financing solutions (Brock,
2023). This, coupled with the fact that site-built home 30-year
mortgage rates are at 3.94% over 2018's 4.54%, would suggest
that production of manufactured homes is lower due to lower
demand (Miller, 2023). Otherwise, both types of homes have a
tight relation, with lower production drops for manufactured
homes and more significant volumes available for site-built
homes.
Table 1
Regression Statistics
Multiple R
R Square
Adjusted R
Square
Standard
Error
Observation
S
ANOVA
Regression
Residual
Total
Intercept
time
Table 2
Multiple R
R Square
Adjusted R
Square
Standard
Error
Observation
Is
ANOVA
Regression
Residual
Total
Intercept
0.7976
0.6362
Time
0.6196
35.6431
df
Regression Statistics
24
1
22
251.4760
6.5191
0.6355
0.4039
df
23
Coefficient Standard
S
Error
0.3768
668.0170
24
7388.87
National Site-built Homes
SS
MS
48873.426 48873.426
76.05
41
27949.512
76822.939
7 1270.4324
1
SS
15.0182
1.0511
1 Stat
281.47
19.70
438.4699
16.745
6.202
F
1 6651066.166651066.16 14.90
22 9817428.53 446246.75
23 16468494.69
Coefficient Standard
S
Error
National Manufactured Homes
MS
F
1 Stat
Significanc
e F
3.04707E-
Upper Lower Upper
P-value Lower 95% 95% 95.0% 95.0%
5.26E-
14 220.3300 282.6219 220.3300 282.6219
3.05E-
06 4.3393 8.6989 4.3393 8.6989
26.25
3.86
06
8.47E-
04
Significanc
e F
8.47E-04
P-
Upper Lower Upper
value Lower 95% 95% 95.0% 95.0%
4.24E-
18
6805.14 7972.60 6805.14 7972.60
35.20 116.90 35.20 116.90
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 1 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman