What Factors Impact the Successful Selling of Home on The Open Market Research Paper

The topic area you need to consider is “What factors impact the successful selling of a home on the open market?” Success can be defined as price, time on market, size, age, or FICO; this is your decision as the analyst for this research.

  • Be sure to have at least three independent variables for the proposed research paper and one selected dependent variable within the “North Valley Real Estate” Excel Dataset.  The topic proposal should include the following four items which serve as the foundation for the final research paper, your regression model, after instructor feedback is given. Combine this information with your assignment from Unit 2. You should include the following topical areas as headers/sub-headers with explanation, description, and written presentation:
  • Purpose Statement

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    In one paragraph, state the correlation and identify the primary independent variables.  State the correlation as in the following:

    “The dependent variable _______ is determined by independent variables ________, _________, ________, and ________.”

    Identify and defend the “primary” independent variable, or the variable believed to have the strongest impact on the dependent variable:

    “The most important independent variable in this relationship is ________ because _________.”

      record
    Agent
    Price
    1
    Marty
    206424
    2
    Rose
    346150
    3
    Carter
    372360
    4
    Peterson
    310622
    5
    Carter
    496100
    6
    Peterson
    294086
    7
    Carter
    228810
    8
    Isaacs
    384420
    9
    Peterson
    416120
    10
    Isaacs
    487494
    11
    Rose
    448800
    12
    Peterson
    388960
    13
    Marty
    335610
    14
    Rose
    276000
    15
    Rose
    346421
    16
    Isaacs
    453913
    17
    Carter
    376146
    18
    Peterson
    694430
    19
    Rose
    251269
    20
    Rose
    547596
    21
    Marty
    214910
    22
    Rose
    188799
    23
    Carter
    459950
    24
    Isaacs
    264160
    25
    Carter
    393557
    26
    Isaacs
    478675
    27
    Carter
    384020
    28
    Marty
    313200
    29
    Isaacs
    274482
    30
    Marty
    167962
    31
    Isaacs
    175823
    32
    Isaacs
    226498
    33
    Carter
    316827
    34
    Carter
    189984
    35
    Marty
    366350
    36
    Isaacs
    416160
    37
    Isaacs
    308000
    38
    Rose
    294357
    39
    Carter
    337144
    Mortgage type
    Years
    FICO
    Fixed
    2
    824
    Fixed
    9
    820
    Fixed
    18
    819
    Fixed
    17
    817
    Fixed
    17
    816
    Fixed
    19
    813
    Adjustable
    10
    813
    Fixed
    6
    812
    Fixed
    3
    810
    Fixed
    6
    808
    Fixed
    8
    806
    Adjustable
    9
    805
    Adjustable
    9
    801
    Fixed
    20
    798
    Adjustable
    10
    795
    Fixed
    18
    792
    Adjustable
    9
    792
    Adjustable
    10
    788
    Fixed
    16
    786
    Fixed
    2
    785
    Fixed
    6
    784
    Fixed
    10
    782
    Fixed
    8
    781
    Fixed
    18
    780
    Fixed
    20
    776
    Adjustable
    9
    773
    Adjustable
    9
    772
    Fixed
    19
    772
    Fixed
    5
    769
    Fixed
    6
    769
    Adjustable
    9
    766
    Fixed
    8
    763
    Fixed
    2
    759
    Fixed
    17
    758
    Fixed
    5
    754
    Fixed
    12
    753
    Fixed
    18
    752
    Fixed
    10
    751
    Fixed
    15
    749
    40
    Peterson
    299730
    41
    Rose
    445740
    42
    Rose
    410592
    43
    Peterson
    667732
    44
    Rose
    523584
    45
    Marty
    336000
    46
    Marty
    202598
    47
    Marty
    326695
    48
    Rose
    321320
    49
    Isaacs
    246820
    50
    Isaacs
    546084
    51
    Isaacs
    793084
    52
    Isaacs
    174528
    53
    Peterson
    392554
    54
    Peterson
    263160
    55
    Rose
    237120
    56
    Carter
    225750
    57
    Isaacs
    848420
    58
    Carter
    371956
    59
    Carter
    404538
    60
    Rose
    250090
    61
    Peterson
    369978
    62
    Peterson
    209292
    63
    Isaacs
    190032
    64
    Isaacs
    216720
    65
    Marty
    323417
    66
    Isaacs
    316210
    67
    Peterson
    226054
    68
    Marty
    183920
    69
    Rose
    248400
    70
    Isaacs
    466560
    71
    Rose
    667212
    72
    Peterson
    362710
    73
    Rose
    265440
    74
    Rose
    706596
    75
    Marty
    293700
    76
    Marty
    199448
    77
    Carter
    369533
    78
    Marty
    230121
    79
    Marty
    169000
    Fixed
    13
    748
    Fixed
    5
    746
    Adjustable
    9
    741
    Fixed
    4
    740
    Adjustable
    10
    739
    Fixed
    6
    737
    Fixed
    10
    737
    Fixed
    8
    736
    Fixed
    6
    736
    Fixed
    13
    735
    Adjustable
    10
    731
    Fixed
    6
    729
    Fixed
    15
    728
    Fixed
    17
    726
    Fixed
    10
    726
    Fixed
    18
    723
    Fixed
    15
    715
    Fixed
    5
    710
    Fixed
    8
    710
    Fixed
    14
    707
    Fixed
    11
    704
    Fixed
    10
    703
    Fixed
    10
    701
    Adjustable
    2
    675
    Adjustable
    5
    674
    Adjustable
    2
    673
    Adjustable
    1
    673
    Adjustable
    6
    670
    Adjustable
    8
    669
    Adjustable
    4
    667
    Adjustable
    3
    665
    Adjustable
    8
    662
    Adjustable
    2
    656
    Adjustable
    3
    653
    Adjustable
    7
    652
    Adjustable
    7
    647
    Adjustable
    5
    644
    Adjustable
    2
    642
    Adjustable
    3
    639
    Adjustable
    7
    639
    80
    Peterson
    190291
    81
    Rose
    393584
    82
    Marty
    363792
    83
    Carter
    360960
    84
    Carter
    310877
    85
    Peterson
    919480
    86
    Carter
    392904
    87
    Carter
    200928
    88
    Carter
    537900
    89
    Rose
    258120
    90
    Carter
    558342
    91
    Marty
    302720
    92
    Isaacs
    240115
    93
    Carter
    793656
    94
    Peterson
    218862
    95
    Peterson
    383081
    96
    Marty
    351520
    97
    Peterson
    841491
    98
    Marty
    336300
    99
    Isaacs
    312863
    100
    Carter
    275033
    101
    Peterson
    229990
    102
    Isaacs
    195257
    103
    Marty
    194238
    104
    Peterson
    348528
    105
    Peterson
    241920
    Adjustable
    6
    631
    Adjustable
    7
    630
    Adjustable
    3
    626
    Adjustable
    5
    626
    Adjustable
    6
    624
    Adjustable
    1
    623
    Adjustable
    8
    618
    Adjustable
    3
    618
    Adjustable
    7
    614
    Adjustable
    6
    614
    Adjustable
    7
    613
    Adjustable
    3
    609
    Adjustable
    1
    609
    Adjustable
    3
    605
    Adjustable
    1
    604
    Adjustable
    6
    601
    Adjustable
    8
    599
    Adjustable
    8
    596
    Adjustable
    6
    595
    Adjustable
    2
    595
    Adjustable
    3
    593
    Adjustable
    6
    591
    Adjustable
    8
    591
    Adjustable
    7
    590
    Adjustable
    3
    584
    Adjustable
    8
    583
    Price
    Size
    Bedrooms
    Baths
    206424
    1820
    2
    1.5
    346150
    3010
    3
    2
    372360
    3210
    4
    3
    310622
    3330
    3
    2.5
    496100
    4510
    6
    4.5
    294086
    3440
    4
    3
    228810
    2630
    4
    2.5
    384420
    4470
    5
    3.5
    416120
    4040
    5
    3.5
    487494
    4380
    6
    4
    448800
    5280
    6
    4
    388960
    4420
    4
    3
    335610
    2970
    3
    2.5
    276000
    2300
    2
    1.5
    346421
    2970
    4
    3
    453913
    3660
    6
    4
    376146
    3290
    5
    3.5
    694430
    5900
    5
    3.5
    251269
    2050
    3
    2
    547596
    4920
    6
    4.5
    214910
    1950
    2
    1.5
    188799
    1950
    2
    1.5
    459950
    4680
    4
    3
    264160
    2540
    3
    2.5
    393557
    3180
    4
    3
    478675
    4660
    5
    3.5
    384020
    4220
    5
    3.5
    313200
    3600
    4
    3
    274482
    2990
    3
    2
    167962
    1920
    2
    1.5
    175823
    1970
    2
    1.5
    226498
    2520
    4
    3
    316827
    3150
    4
    3
    189984
    1550
    2
    1.5
    366350
    3090
    3
    2
    416160
    4080
    4
    3
    308000
    3500
    4
    3
    294357
    2620
    4
    3
    337144
    2790
    4
    3
    Default (Yes is 1
    0
    0
    0
    0
    0
    0
    0
    )
    0
    0
    0
    1
    1
    1
    0
    0
    0
    1
    0
    0
    0
    0
    0
    0
    0
    0
    0
    1
    0
    0
    0
    1
    1
    1
    0
    1
    0
    0
    0
    0
    299730
    2910
    3
    2
    445740
    4370
    4
    3
    410592
    4200
    4
    3
    667732
    5570
    5
    3.5
    523584
    5050
    6
    4
    336000
    3360
    3
    2
    202598
    2270
    3
    2
    326695
    2830
    3
    2.5
    321320
    2770
    3
    2
    246820
    2870
    4
    3
    546084
    5910
    6
    4
    793084
    6800
    8
    5.5
    174528
    1600
    2
    1.5
    392554
    3970
    4
    3
    263160
    3060
    3
    2
    237120
    1900
    2
    1.5
    225750
    2150
    2
    1.5
    848420
    7190
    6
    4
    371956
    3110
    5
    3.5
    404538
    3290
    5
    3.5
    250090
    2810
    4
    3
    369978
    3830
    4
    2.5
    209292
    1630
    2
    1.5
    190032
    1850
    2
    1.5
    216720
    2520
    3
    2.5
    323417
    3220
    4
    3
    316210
    3070
    3
    2
    226054
    2090
    2
    1.5
    183920
    2090
    3
    2
    248400
    2300
    3
    2.5
    466560
    5760
    5
    3.5
    667212
    6110
    6
    4
    362710
    4370
    4
    2.5
    265440
    3160
    5
    3.5
    706596
    6600
    7
    5
    293700
    3300
    3
    2
    199448
    2330
    2
    1.5
    369533
    4230
    4
    3
    230121
    2030
    2
    1.5
    169000
    1690
    2
    1.5
    0
    0
    1
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    1
    0
    0
    0
    1
    0
    0
    1
    0
    0
    1
    1
    1
    0
    0
    1
    190291
    2040
    2
    1.5
    393584
    4660
    4
    3
    363792
    2860
    3
    2.5
    360960
    3840
    6
    4.5
    310877
    3180
    3
    2
    919480
    7670
    8
    5.5
    392904
    3400
    3
    2
    200928
    1840
    2
    1.5
    537900
    4890
    6
    4
    258120
    2390
    3
    2.5
    558342
    6160
    6
    4
    302720
    3440
    4
    2.5
    240115
    2220
    2
    1.5
    793656
    6530
    7
    5
    218862
    1930
    2
    1.5
    383081
    3510
    3
    2
    351520
    3380
    3
    2
    841491
    7030
    6
    4
    336300
    2850
    3
    2.5
    312863
    3750
    6
    4
    275033
    3060
    3
    2
    229990
    2110
    2
    1.5
    195257
    2130
    2
    1.5
    194238
    1650
    2
    1.5
    348528
    2740
    4
    3
    241920
    2240
    2
    1.5
    1
    1
    0
    1
    1
    0
    1
    1
    0
    1
    0
    1
    0
    1
    0
    1
    1
    1
    1
    0
    0
    1
    1
    1
    1
    1
    Pool (yes is 1)
    1
    0
    0
    1
    0
    1
    0
    0
    0
    1
    0
    0
    0
    0
    1
    1
    1
    1
    1
    1
    1
    1
    1
    0
    1
    1
    0
    0
    1
    1
    1
    1
    1
    1
    1
    0
    0
    1
    1
    0
    0
    1
    1
    1
    0
    1
    1
    0
    0
    1
    1
    1
    1
    0
    1
    1
    0
    1
    1
    0
    1
    1
    1
    0
    1
    0
    1
    0
    1
    0
    1
    0
    1
    1
    0
    1
    1
    1
    0
    1
    1
    1
    0
    1
    1
    1
    1
    0
    0
    1
    0
    1
    1
    1
    1
    0
    1
    0
    1
    1
    0
    1
    1
    1
    0
    Garage (Yes is 1)
    Days
    1
    33
    0
    36
    1
    21
    0
    26
    1
    13
    1
    31
    1
    39
    1
    26
    1
    26
    1
    32
    1
    35
    1
    50
    1
    25
    0
    34
    1
    17
    1
    12
    1
    28
    1
    36
    1
    38
    1
    37
    0
    20
    0
    52
    1
    31
    1
    40
    1
    54
    1
    26
    1
    23
    1
    31
    0
    37
    1
    31
    0
    28
    1
    28
    1
    22
    0
    22
    1
    23
    1
    25
    1
    37
    1
    15
    1
    19
    0
    31
    1
    19
    1
    27
    1
    29
    1
    19
    0
    32
    0
    28
    0
    30
    1
    23
    1
    27
    1
    35
    1
    27
    0
    39
    1
    30
    1
    26
    0
    14
    1
    27
    1
    49
    1
    29
    1
    24
    1
    18
    1
    27
    0
    18
    1
    30
    0
    2
    1
    22
    0
    30
    1
    28
    0
    30
    1
    50
    1
    42
    1
    21
    1
    24
    1
    22
    1
    40
    0
    14
    1
    25
    1
    32
    0
    21
    0
    20
    1
    31
    1
    34
    1
    48
    1
    32
    1
    40
    1
    30
    0
    40
    1
    36
    1
    23
    1
    23
    1
    24
    1
    38
    0
    39
    1
    53
    0
    58
    1
    27
    1
    35
    1
    50
    0
    28
    1
    12
    1
    27
    0
    37
    0
    11
    1
    30
    1
    27
    1
    34
    Township
    2
    4
    2
    3
    4
    4
    4
    2
    4
    3
    4
    2
    3
    1
    3
    3
    2
    3
    3
    5
    4
    1
    4
    1
    1
    5
    4
    3
    3
    5
    5
    3
    4
    2
    3
    4
    2
    4
    3
    2
    3
    1
    5
    5
    3
    1
    4
    4
    5
    5
    4
    2
    4
    3
    3
    2
    1
    5
    2
    5
    4
    3
    4
    4
    4
    1
    1
    2
    2
    4
    3
    1
    5
    3
    4
    3
    2
    2
    1
    4
    3
    5
    2
    1
    4
    2
    4
    1
    1
    3
    3
    5
    4
    4
    2
    2
    4
    1
    4
    3
    3
    5
    2
    5
    5
    Term Research Paper: Paper must be in APA style
    Category
    Purpose
    Statement and
    Model
    Criteria
    State why the dependent variable has been chosen for analysis
    Identify the primary independent variable and defend why it is
    important
    Write the general form of the model
    Define and defend all variables
    State the Expectations for each independent variable
    Addressed for each variable
    Definition of
    Variables




    How is the variable defined in data source?
    Which unit of measurement is used?
    For independent variables, why does the variable determine
    change in the dependent variable?
    What sign is expected for the independent variable’s
    coefficient, positive or negative and why?
    Describe the data and identify the data sources
    Identify which general sources and from which specific tables
    Data Description are the data taken
    Which year or years were the data collected
    Are there any data limitations
    Perform Multiple Linear Regression analysis on data, present
    regression output and evaluate results (significance of
    Presentation and Adjusted R-squared and independent variables)
    Interpretation of Write the regression (prediction) equation
    Results
    Identify and interpret the adjusted R2 (one paragraph)
    Discussion of the empirical results from the regression analysis
    Use the proper format to list the works cited under two
    headings:
    Reference Page Research: a minimum of two sources
    Data: a separate citation for each of the variables used in the
    paper

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