1.2.2.Quiz - sj50179/IBM-Data-Science-Professional-Certificate GitHub Wiki

Regression

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Question 1

Based on the reading, which of the following best describes the real added value of the author's research on residential real estate properties?

Quantifying people's preferences of different transport services.

The research determined that there was no correlation between proximity to shopping centres and housing prices.

Quantifying the magnitude of relationships between housing prices and different determinants.

The research revealed findings that opposed basic perceptions that people hold about the real estate properties.

Correct. The research confirmed many perceptions that people have about real estate properties but it major contribution is quantifying the magnitude of the relationships between the housing prices and different determinants.

Question 2

Regression is a statistical technique developed by Blaise Pascal.

False.

Question 3

According to the reading, the author discovered that an additional washroom adds more to the housing prices than an additional bedroom.

True.

Question 4

The author discovered that, all else being equal, houses located less than 5 kms but more than 2.5 kms to shopping centres sold for more than the rest.

True.

Question 5

"What are typical land taxes in a house sale?" is a question that can be put to regression analysis.

False