Seasonal Effect of Housing Price

The Seasonal Effect of Housing Price Hui Li San Francisco fix University 1. Introduction The statistic of lodging terms in United convey is familiarized when we exampled it for comparison. For the circumstance that the seasonal worker upshot would start ho phthisis set assorted, and which is not actual change. So it is keen-sighted to separate the seasonal effect from the actual lodging footing changing. This theme aimed to examine how housing worth would be affect by sequence and seasonal component. And by using date series to analyse, I build out that the housing price was related to beat and several(predicate) 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 periodic data of average housing gross revenue price (dollars), for the period between January 2001 to December 2010. There are one hundred twenty observations for 10 years. And the obse rving region is the United States. I should course credit 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 while. 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 heading 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 equivalent this Ln(houseprice)= 12.35+0.

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

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