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After cleaning and organizing the data we transferred it over to a Statgraphics file.
With all the data in the Statgraphics file our next step was to run a multiple regression model. For our inputs we used the median housing price data we collected as the dependent variable. For our independent variables we inserted CPI, Inventory, Regular Gas Prices, T-Note, and Unemployment. In addition, we included dummy variables for Fall, Spring, and Summer to explain any seasonal relationships. In order to avoid spurious regression we added a trending variable to account for the fact that many of our independent variables were growing over time in relation with our dependent variable...
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Common topics in this essay:
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