Deriving and Presenting Descriptive Statistics Resources
Discussion Participation Scoring Guide.
Imagine that you are a real estate agent in Florida and you are working with a retired couple from out of state. The couple is considering purchasing a retirement home in Boca Raton. In order to make informed decisions about this potential purchase, they first need to understand the Boca Raton real estate market.
For this discussion, identify what you consider to be the three most significant or descriptive home parameters (that is, price mean, price mode, home size mean, home size mode, and so on) to give your clients an understanding of the Boca market, and justify your selection. Draw on the results that you generated in this unit's assignment, using the Florida Pool Data file to help support your perspective if you wish.
Response Guidelines
Now imagine you are a member of that retired couple planning a move to Florida. Respond to the initial posts of at least two peers, confirming or critiquing the effectiveness of the measures they chose. Note why you, as a potential buyer, agree or disagree with your peer's evaluation of the Boca Raton housing market. Remember, the goal is to select measures that accurately depict the housing market and empower the clients to make informed decisions.