Thursday

October 2, 2014

October 2, 2014

Posted by **Kasi** on Thursday, August 5, 2010 at 6:19am.

2.You are considering the most expensive purchase that you are likely to make: the purchase of a home. Identify at least five different variables that are likely to affect the actual value of a home. Among the variables that you have identified, which single variable is likely to have the greatest influence on the value of the home? Identify a variable that is likely to have little or no effect on the value of a home.

- statistics -
**PsyDAG**, Thursday, August 5, 2010 at 10:08am1. r = -1 indicates perfect predictability, where one variable increases while the other decreases.

2. What variables do you want to consider that would effect your purchase? Location and number of square feet might be a start. What others would you consider?

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