[Solution]ANOVA Analysis

You have been hired by the local real estate broker to analyze activity in the local housing market. You must conduct one ANOVA analysis and…

You have been hired by the local real estate broker to analyze activity in the local housing market. You must conduct one ANOVA analysis and one Regression analysis to answer two questions you believe will help the broker provide the best guidance to both buyers and sellers. Categorical variables include building type, neighborhood, and house style. If you think it is important to understand the age of the house when it sold, you will need to create a new variable (year built and year sold are two variables provided). As with any project, you will start with EDA to get a sense of your data. For categorical variables, using a pivot table to get counts and proportions is an excellent way to get a better understanding of those variables.
Deliverables Perform EDA and include information about the data in the report that helps the reader get an understanding of the data set (useful graphics should be included). Develop two research questions (ideas include regression model to predict price, ANOVA to compare a numerical variables based upon categorical variable groups, etc.). Perform the analysis and write a detailed description of the results and what they mean (how you would use them).

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