Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 14 - Review - Case Study - Housing Boom - Page 734: m

Answer

One limitations of the model to predict the selling prices of the houses is incomplete data, which can provide false results and cause us to conclude that correlation is causation. While doing regression, the information should be collected from a large sample and each analysis should be carefully done.

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