Copyright © 2012 Pearson Education, Inc. All rights reserved. Case Study 2 Modeling the Sale Prices of Residential Properties in Four Neighborhoods.

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Copyright © 2012 Pearson Education, Inc. All rights reserved. Case Study 2 Modeling the Sale Prices of Residential Properties in Four Neighborhoods

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.1 The theoretical relationship between mean sale price and appraised value x

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.2 MINITAB scatterplot of sales-appraisal data

Copyright © 2012 Pearson Education, Inc. All rights reserved. 4- 4

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.3 SAS regression output for Model 1

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.4 SAS regression output for Model 2

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.5 SAS regression output for Model 3

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.6 SAS regression output for Model 4

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.7 Portion of SAS regression output for Model 5

Copyright © 2012 Pearson Education, Inc. All rights reserved

Copyright © 2012 Pearson Education, Inc. All rights reserved

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.8 SAS graph of predictable sales for land value of $150,000

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.9 SAS descriptive statistics, by neighborhood

Copyright © 2012 Pearson Education, Inc. All rights reserved Figure CS2.10 SAS printout showing 95% prediction intervals for sale price