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The data frame vit2005 in the PASWR package contains descriptive information and the appraised total price (in euros) for apartments in Vitoria, Spain. (a) Create a frequency table, a pie chart, and a...

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The data frame vit2005 in the PASWR package contains descriptive information and the appraised total price (in euros) for apartments in Vitoria, Spain.

(a) Create a frequency table, a pie chart, and a barplot showing the number of apartments grouped by the variable out. For you, which method conveys the information best?

(b) Characterize the distribution of the variable total price.

(c) Characterize the relationship between total price and area.

(d) Create a Trellis plot of total price versus area conditioning on toilets. Are there any outliers? Ignoring any outliers, between what two values of area do apartments have both one and two bathrooms?

(e) Use the area values reported in (d) to create a subset of apartments that have both one and two bathrooms. By how much does an additional bathroom increase the appraised value of an apartment? Would you be willing to pay for an additional bathroom if you lived in Vitoria, Spain?

Answered 123 days After May 22, 2022

Solution

Mukesh answered on Sep 22 2022
68 Votes
The data frame vit2005 in the PASWR package contains descriptive information and the appraised total price (in euros) for apartments in Vitoria, Spain.
(a) Create a frequency table, a pie chart, and a barplot showing the number of apartments grouped by the variable out. For you, which method conveys the information best?
    Apartment
    Count of out
    E100
    122
    E25
    3
    E50
    87
    E75
    6
    Grand Total
    218
(b) Characterize the distribution of the variable total price.
(c) Characterize the relationship between total price and area.
(d) Create a Trellis plot of total price versus area conditioning on toilets. Are there any outliers? Ignoring any outliers, between what two values of area do apartments have both one and two bathrooms?

(e) Use the area values reported in (d) to create a subset of apartments that have both one and two bathrooms. By how much does an additional bathroom increase the appraised value of an apartment? Would you be willing to pay for an additional bathroom if you lived in Vitoria, Spain?
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