Question

Imagine that you are a real estate agent in Florida and you are working with a retired couple from out of state. The couple is considering purchasing a retirement home in Boca Raton. In order to make informed decisions about this potential purchase, they first need to understand the Boca Raton real estate market.

For this discussion, identify what you consider to be the three most significant or descriptive home parameters (that is, price mean, price mode, home size mean, home size mode, and so on) to give your clients an understanding of the Boca market, and justify your selection.

Answer 1

Lets enter the information in the exceed expectations, kindly note that the information wasn't accommodated this inquiry , anyway I have utilized an example information for the examination

The understanding of the information can be as per the following

The mean estimation of the pool is 0.5375 , which implies that almost about portion of the houses in the territory have a pool and half of them don't have a pool

The mean estimation of the cost is 253 and middle is 250 , both the qualities are very near one another henceforth we can consider there are no extraordinary costs in the information as the hole among mean and middle are close with the greater part of the qualities lying around 290 , the method of the cost

Similarly the mean size is 2812 and the middle size is 2799 .

The normal attractiveness rating is 3.85 , which implies that on a normal the appraisals of the house in the territory is better than expected , considering the range from 1-7