There are 6660 observations of data on houses sold from 1999-2002 in Stockton
Califorina in the file “hedonic1.xls”.
- Estimate the above hedonic model for the 1667 houses sold in the year 2002
in Stockton California. (Note – data is for houses sold from 1999-2002 but we
are only interested in estimating the equation for those houses sold in 2002).
need answer question 2 and Q 3
- Attachment 1
- Attachment 2
- Attachment 3
There are ﬁﬁﬁﬂ abservatiﬂns afdata an hﬂuSEB 301d [mm 1999-20132 in SmuktﬂnCalifnrinﬁ in the ﬁle “heduniclxﬁ” LSF; = 3. + ﬁISFM, + ,3; BEDS + ,3.1 3.4 THSr + ﬁESTﬂRIES, + ﬂEFACANE + EASE; “t“: Lnthelling Ptrice}=LSP which is a functinn ut‘: – Size uf Living Area [in square feet} Numbm’ uf Bﬂdrnuma *Numher nt‘ Bathmnms -Numbet Df Sturieua ‘Vacanc}; status [1 if meant. I] if nut at the time ufthe sale} -Age at“ the huuse in years