Basic Business Statistics, Student Value Edition (13th Edition)
Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Chapter 17, Problem 57PS

a.

To determine

Construct a regression tree model to predict the fair market value.

b.

To determine

Write conclusions on the fair market value.

c.

To determine

Construct a regression tree model to predict the fair market value using half the data as training sample and other half as the validation sample.

d.

To determine

Write the differences that exist in the results of (a) and (c).

e.

To determine

Construct a neural network model to predict the fair market value using half of the data as the training sample and other half as the validation sample.

f.

To determine

Compare the results for (c) and (e).

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