Identify the distribution of homes in boston

Assignment Help Business Law and Ethics

Reference no: EM133312980

Assignment:

You work for the Ministry of Housing. We are facing a potential housing crisis as we believe we are in a Real Estate bubble. We need to identify a few things for our leadership to help them make informed decisions:

1. What is the rate of increase for homes in Boston in the last year, 2 years and 5 years?

2. Identify the main variables that are impacting the price of a home.

3. Use macro-economic trends and housing market information to predict the average home prices in 3 months, 6 months, 1 year and 3 years.

4. Identify the distribution of homes in Boston and their affordability by classifying them into one of three buckets - cheap, normal and expensive. This would mean we'd have to make a prediction about the house's classification even though it's not listed on the market. We'd have many data points to help make the prediction like the average sale price in the area, \# of bedrooms, square footage, etc.

5. For each of the four questions above, identify which ones you'd apply correlation analysis and why?

Reference no: EM133312980

Questions Cloud

What do you believe to hire a professional fundraiser : Consider yourself Ridge Schuyler. You've considered hiring a professional fundraiser to assist in raising funds for Charlottesville Works.

Identify factors contributing to racial profiling : Identify factors contributing to racial profiling and the use of excessive force, justifying your identification with conflict theory.

Compare and contrast the literary works oedipus rex : Compare and contrast the literary works Oedipus Rex and Sir Gawain and the Green Knight in terms of evolving views of religion, sex, and honor

Explain how the case studies are similar : ANTH 205 Humber College opportunity to practice thinking and writing like an anthropologist,comparing across societies or case studies within the subfield

Identify the distribution of homes in boston : Identify the distribution of homes in Boston and their affordability by classifying them into one of three buckets - cheap, normal and expensive.

What is the most important virtue in business : What is the most important virtue in business? Explain. Professor Joshua Perry characterizes an integrity-based model for employee conduct as better than

Organs in perch fish that facilitate living under water : List two internal organs in perch fish that facilitate living under water. Give a detailed description of each structure's function.

Evaluate ethic dilemma that formula milk retailers facing : Evaluate the ethic dilemma that formula milk retailers are facing and critically discuss the importance of being ethical for businesses advertising formula milk

Review the concept of conflict of interest : Do you see anything in Goldman Sach's trading practices with regard to mortgage-backed securities that might involve conflicts of interest?

User Account

All Pages