about account add arrow-down arrow-left arrow-right arrow-up back-arrow register-arrow book-mobile book categories chat-bubble-mobile chat-bubble close college contact-us credit-card drag email-square facebook-mobile facebook-square facebook faq film history home load modal-error person pinterest-square play-mobile play queue remove resume search share show star tick trailer trash twitter-mobile twitter-square twitter university warning warning youtube-square open-eye close-eye promo-tag tag check info info active

Real Estate—Accounting for Value

Lecture no. 18 from the course: Meaning from Data: Statistics Made Clear

Real Estate—Accounting for Value

Taught by Professor Michael Starbird | 28 min | Categories: The Great Courses Plus Online Mathematics Courses

Tax authorities often need to set valuations for every house in a tax district. The challenge is to use the data about recently sold houses to assess the values of all the houses. This classic example of statistical inference introduces the idea of multiple linear regression.


May 10, 2019