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Ch2 Project

Zillow.com explains that the house I currently live in is worth $225,100. In 1996, when we moved in it was worth about $484,000. To find the graph I used X for the number of years and Y for the value. Then I used the quartic regression, because r^{2} =0.96 which was the closest compared to other regression models. The quartic regression is y= 435.17x^{4}-3491771.47x^{3}+1.05x^{2}-7.04, the house could reach a value of $100,000 in 2027. The value of the house could change depending on various factors, such as the color of the paint the other houses in the neighborhood has.

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