Data work-descriptive statistics and t-tests
Demonstrate your understanding of the material by generating the following statistics.
1. For the continuous variables (price, square feet, yard size) please generate mean, median, min, max , range, variance and standard deviation.
2. What are the correlations between price and these two others? Are these correlations significant? What is the sign? Is it appropriate?
3. Use t-tests to determine if there is a difference in price by whether or not the house has a:
c. Sprinkler system
d. Laundry room
f. Is located in La Jolla itself
4. Run a regression with Price as a function of square feet. Discuss the results.
Please write a sentence or so for each of these.
Do have fun. Learn. Bring questions.
See you Thursday