What is Data Science
Regression
Quiz 4 -- Regression
Q1) Based on the reading, which of the following best describes the real added value of the author's research on residential real estate properties?
- Quantifying people's preferences of different transport services.
- The research determined that there was no correlation between proximity to shopping centers and housing prices.
- Quantifying the magnitude of relationships between housing prices and different determinants.
- The research revealed findings that opposed basic perceptions thet people hold about the real estate properties.
Q2) Regression is a statistical technique developed by Blaise Pascal.
- True
- False
Q3) According to the reading, the author discovered that an additional bedroom adds more to the housing prices than an additional washroom.
- True
- False
- True
- False
Q5) Based on the reading, which of the following are questions that can be put to regression analysis?
- What are typical land taxes in a house sale?
- Do homes with brick exterior sell in rural areas?
- What is the impact of lot size on housing price?
- Do homes with brick exterior sell for less than homes with stone exterior?
Q6) The author discovered that, all else being equal, houses located less than 5 kms but more than 2.5 kms to shopping centres sold for more than the rest.
- True
- False
Q7) The real added value of the author’s research on residential real estate properties is quantifying people’s preferences of different transport services.
- True
- False
Q4) Regression is a statistical technique developed by Sir Frances Galton.
- True
- False
Q6) What did the author’s research reveal about proximity to large shopping centers?
- The author discovered that proximity to large shopping centers didn’t have any significant impact on the prices of housing units.
- The author discovered that proximity to large shopping centers had a nonlinear impact on the housing prices.
- The author discovered that houses located more than 2.5 kms to shopping centers sold for less than the rest.
- The author discovered that houses located more than 5 kms to shopping centers sold for less than the rest.
Q7) ”How much does a finished basement contribute to the price of a housing unit?” is a question that can be put to regression analysis.
- True
- False
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What is Data Science
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1 Comments
very informative article
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