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Influential Factors on California Regional Housing Price Analysed by Multiple Linear Regression

2024· article· en· W4394891071 on OpenAlexaff
Yanqian Cao

Bibliographic record

VenueAdvances in Economics Management and Political Sciences · 2024
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHousing Market and Economics
Canadian institutionsUniversity of VictoriaUniversity of Toronto
Fundersnot available
KeywordsEconometricsLinear regressionRegression analysisRegressionPopulationLinear modelHouse priceTest (biology)StatisticsEconomicsMathematicsDemography

Abstract

fetched live from OpenAlex

While metropolises keep expanding with the increasing population in recent decades, the need for housing rises inevitably. This paper aims to find the most explanatory factors for the housing price in California; with 20433 entries of data found in Kaggle, the method of multiple linear regression (MLR) is applied to find the most influential factors. 500 entries in the dataset are chosen randomly and are divided into 2 datasets for training and testing purposes. Models have been developed in R by using the training dataset. After comparing the adjusted R square and variability of the models, the most convincible model will be selected to find out the result of this investigation on the test dataset. After model diagnostics, the result of this analysis is that the regional median income level has a strong positive correlation with the housing price, and it is the most influential factor. Other influential factors will be introduced in the conclusion.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.659
Threshold uncertainty score0.786

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.027
GPT teacher head0.271
Teacher spread0.244 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2024
Admission routes1
Has abstractyes

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