Let’s suppose you know the owner of a local real estate company in a mid-sized Northeastern city of the United States. The name of your acquaintance’s company is, “North Valley Real Estate.â€� Your acquaintance also has a large clientele and a top-notch staff of salespeople. Luckily, the company also has some good data on the homes that have been sold by “North Valley Real Estate (NVRE)â€� throughout the community, over the years. This data can be found as an Excel Dataset File located in the “Files” Section of the course (Left-hand Side Menu Bar). As you may have guessed, the owner of NVRE wants to use the data to find insights into the home-selling market, and how this same insight can be used to increase their profit and business activity.
As such, your knowledge of statistics and research applications can provide a valuable service to your friend and the NVRE company; and they have hired you as their consultant. Using the data identified above, embark upon an analysis effort and creating an accompanying Report for the Owner of North Valley Real Estate.
Your purpose in the project is to glean information, knowledge, and insight from the provided data that can be used to increase the profitability of the Firm (NVRE). Your research should align to the CLOs provided for the course and lean heavily on Units 4-8 of the course for the statistical application/analysis. Specifically, the statistical tool of regression.
The paper is to be written in APA style, 7th edition. Deviation from APA style is strongly discouraged, and will be penalized on the final draft.