Create a new regression model for price

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Create a new regression model for Price using all of the quantitative as well as the qualitative (categorical) variables in the spreadsheet.

a. Run the regression using dummy variables. Use "East" as the base (or reference) category for the Neighborhood variable, and "No Brick" as the base category for exterior construction material variable, Brick. Attach the StatTools regression output as Exhibit A.

b.According to your regression model estimated above, by how much does average price in the West exceed the average price of a similar house in the East?

Reference no: EM133023803

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