Lesson 7: Review for Exam 1

February 5, 2018

Review:

  • Part 1 Real Estate Multiple Regression Model
    • Bring your 1-page model summary to class on Wed
    • Bare minimum model = bare minimum passing grade
  • Exam 1 (in class) on Wed, Feb 7
    • Open note
    • Open calculator (I will have calculators you can borrow)
    • No use of PCs, tablets, laptops (or other computing devices)
    • No phones (or watches)
    • No leaving class during exam

Presentation:

  • Exam 1 Review Topics
    • Scatterplots
    • Correlation
    • Simple Regression
    • Multiple Regression
    • Interpretation of Regression Output
      • R^2
      • Coefficients > y-hat equation
      • t-statistics and associated p-values (individual variable significance)
      • F-statistic and associated p-value (overall model significance)
    • Multicollinearity
    • Interaction Variables
    • Dummy Variables
    • Index Variables
    • Produce y-hat estimate given x values

Assignment:

  • Work on your real estate model
  • Study for Exam 1

 

Justin

Justin Holman is CEO of Aftermarket Analytics, where he leads efforts to develop cutting edge sales forecasting and inventory optimization technology for the Automotive Aftermarket. Prior to joining Aftermarket Analytics, Justin managed corporate consulting for the Strategy & Analytics division at MapInfo Corporation, leading major projects for retail clients including The Home Depot, Darden Restaurants, Bridgestone-Firestone, Sainsbury’s and New York & Company. Before that, Justin served as Vice President of Software Development at LogicTools, now part of IBM's supply chain application software group. Justin holds a B.A. from Claremont McKenna College, a Ph.D. from the University of Oregon and an Executive Management certificate from Northwestern University's Kellogg School of Management.

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