Identify the background and relevant aspects of properties

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Reference no: EM133508981

Case Study: The objective of this section (Part A) is to introduce students to the 'domain understanding and familiarisation' phase data analysts go through prior to the actual analytics. Since you may have to carry out analytics projects in different domains in the future, where you may not have domain knowledge, it is important to develop this skill.

Question a) Carry out an exploratory study to identify the background and relevant aspects of properties which influence their value in the USA and methods used for property price evaluation and assessment?

Question b )Identify the data sources that would contain information useful for property value assessment. What is the possible format of such information? Will you face any problems in accessing these data?

Question c) What variables would be useful to build a predictive model to assess the property price?

 

Reference no: EM133508981

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