Authors
Dr. Marlene Smith
University of Colorado Denver
Objective
After determining which factors relate to the selling prices of homes located in and around a ski resort, develop a model to predict housing prices.
Background
A real estate company that manages properties around a ski resort in the United States wishes to improve its methods for pricing homes. Data is readily available on a number of measures, including size of the home and property, location, age of the house, and a strength-of-market indicator.
The Task
After determining which factors relate to the selling prices of homes located in and around the ski resort, develop a model to predict housing prices.