Create a systematic projection of a dependent variable based on a series of data that includes several independent variables.
- It's pretty narrow-minded for us…to think that only square footage affects property value.…Undoubtedly, you can see how that approach…can lead to some issues.…There are definitely some other things…that we need to watch out for.…For example, I would like to consider…the distance the property is away from…the bustling downtown area,…the number of bathrooms that come with the property,…the number of floors the property has,…and how many crimes have been committed…in the property's neighborhood…over the past six months.…Since there are more independent variables,…this is called a multivariate regression,…as opposed to the univariate…that just has one independent variable.…
I've added some more records to our previous data set…so we can get a better idea of…how these factors play out in affecting the property price.…These are, of course, all fictitious data.…You can imagine that just glancing over these data…wouldn't give you an answer that you want.…You have to run a regression that includes…all of these factors as independent predictor variables.…
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- Explain the four different types of financial statements.
- Distinguish between the types of moving averages.
- Determine a seasonal adjusted trend.
- Break down pro-forma financial statements.
- Identify cash flows, and what increased liabilities and decreased earnings generally indicate.
- Tell what a regression is.
- Outline the naive approach.