MAT10251 STATISTICAL ANALYSIS PROJECT
This project leads you through a statistical analysis of used car data. The data for this project was obtained from the car sales website www.carsales.com.au between 4 and 6 September 2017(inclusive).
Part A covers parts of Topic 1, Part B parts of Topics...
ECON241 Solution Linear Model
Based on the above OLS model
The regression equation is:
P = -109.210 - 1.05514*R + 0.002462*Y
T = 54, R-squared = 0.965
Interpretation of R: When Interest Rate is increased by 1%, the value of the housing index is decreased by...