Seasonal Effect of Housing Price

The Seasonal Effect of Housing Price Hui Li San Francisco put in University 1. Introduction The statistic of lodging terms in United nominate is modify when we exampled it for comparison. For the circumstance that the seasonal worker upshot would mark ho pulmonary tuberculosis impairment assorted, and which is not actual change. So it is able to separate the seasonal effect from the actual lodging footing changing. This newsprint aimed to examine how housing expense would be impact by magic spell and seasonal component. And by using cartridge clip series to analyse, I build out that the housing price was related to cartridge clip and variant season would have different effect on housing price. 2. The data The data of this paper comes from the web site of U.S. Census Bureau. I choose the periodical data of average housing gross revenue price (dollars), for the period between January 2001 to December 2010. There are cxx observations for 10 yea rs. And the observing region is the United States. I should look up that there are two kinds of data for housing price. I used the not seasonally adjusted one, against the seasonally adjusted data, for the research for seasonal fact. 3. The model The model would begin with on the face of it the relationship between housing price and quantify. I would use the log of housing price, for the convenience seeing the percentage change. 3.1 while Trend First, I would decide the type of time path here. In order to do this, I did the experiments with linear time trend, quadratic equation time trend and cubic time trend. For the linear time trend, I got the simple model give care this Ln(houseprice)= 12.35+0.

002 time (1) By examining the criteria AIC and BIC( dress), I made table-1 to show the writ of execution of each experiment. | | unidimensional Trend |Quadratic Trend |three-dimensional Trend | |AIC | -222.4964 | -184.6793 |-168.7391 | |SIC | -216.9214...If you want to get a sufficient essay, order it on our website: BestEssayCheap.com

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