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Learning Goal: I’m working on a data analytics question and need guidance to help me learn.What is the total number units sold in your neighborhood since 2009?
What is the mean sale price and gross square footage for residential properties in your neighborhood since 2009?
Get the five-number summary for both sale price and gross square footage for residential properties in your neighborhood since 2009
What is the proportion of units sold of residential, commercial, mixed, to all properties in your neighborhood since 2009?
What is the standard deviation of sale prices for residential properties in your neighborhood since 2009?
What is the correlation between sale price and gross square feet for residential properties in your neighborhood since 2009?
Perform k-means clustering using at least 3 of the following KPI’s. Describe the cluster that your neighborhood belongs to, Median Sale Price for residential properties since 2009
Number of sales for residential properties since 2009
Standard deviation of sales of residential properties since 2009
Proportion of residential sales since 2009
Price of 1 gross square foot of residential real estate since 2009
Choose one other neighborhood, and test the hypothesis that, starting in 2009, the average residential property costs more, less, or a different amount in your neighborhood (Note: this requires a t-test.)
After all the above analysis, do you think your neighborhood would be attractive to open a real estate office? Why?
Requirements: 3-5page | .doc file
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