Sunday, January 6, 2013

Business analytics - Working with real estate data

Working with real estate data (Section 2.1)

This section discusses exploring data using summary statistics, histograms and scatter-plots to better understand the data. Some of these tasks can be done using excel but it probably requires more work Most  of the Material in the sections 2.2 and later cannot be done using excel and requires a more powerful data handling  package like R or the commercial packages like SPSS, SAS, Matlab etc.

Loading, viewing and summary statistics

Generate histograms

Creating a box plots for the prices etc.:

Creating a scatter plot for the prices against apartment size:

  • I used this webiste to get these samples together.
  • I also work with The R book by +Michael J. Crawley