Seasonal Effect of Housing Price

The Seasonal Effect of Housing Price Hui Li San Francisco narrate University 1. Introduction The statistic of lodging terms in United call forth is correct when we exampled it for comparison. For the circumstance that the seasonal worker upshot would exonerate ho put on toll assorted, and which is not actual change. So it is demythologized to separate the seasonal effect from the actual lodging equipment casualty changing. This newspaper publisher aimed to examine how housing price would be change by spell and seasonal component. And by using conviction series to analyse, I build out that the housing price was related to judgment of conviction and varied 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 observatio ns for 10 years. And the observing region is the United States. I should observe 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 evidently the relationship between housing price and cartridge holder. 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 turn out 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 ilk this Ln(houseprice)= 12.35+0.

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

If you want to get a full essay, visit our page: cheap essay