Regression analysis to predict list prices for homes in the Albuquerque metropolitan area
REGRESSION ANALYSIS TO PREDICT LIST PRICES FOR HOMES IN THE ALBUQUERQUE METROPOLITAN AREA
This repo has all the files needed to execute this project. Regression model to predict the list prices for homes in the Albuquerque metropolitan area using the physical characteristics and geographical location of the home.
MLR model assumptions are addressed and the best model is selected by using backward elimination and best subsets criteria based on adjusted R^{2} and R^{2}. Also considered are the Cp along with forward, stepwise, and BIC criterion.
Final model is used to obtain interval estimates.
Input file is homeprices_csvfile.csv.
MLR CODE.R is the R script for analysis.