As an investment advisor you have been hired by a real estate
developing company. You required to analyze the prices of apartment
houses in Nairobi with an objective of informing the Board of
Management on the features of apartment houses to construct in the
next financial year. The following average data is collected from
10 apartment blocks.
Apartment Block
Average Size (square feet)
Average number of Bedrooms
Average number of bathrooms
Average price (in dollars)
1
1790
2
2
114,300
2
2030
4
2
114,200
3
1740
3
2
114,800
4
1980
3
2
94,700
5
2130
3
3
119,800
6
1780
3
2
114,600
7
1830
3
3
151,600
8
2160
2
2
150,700
9
2110
2
2
119,200
10
1730
3
3
104,000
As an investment advisor you have been hired by a real estate developing company. You required to analyze the prices of
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