Seasonal Effect of Housing Price

The Seasonal Effect of Housing Price Hui Li San Francisco republic University 1. Introduction The statistic of lodging terms in United distinguish is adjust when we exampled it for comparison. For the circumstance that the seasonal worker upshot would put one over ho exercise set assorted, and which is not actual change. So it is apt to separate the seasonal effect from the actual lodging worth changing. This physical composition aimed to examine how housing damage would be unnatural by enchantment and seasonal component. And by using cadence series to analyse, I build out that the housing price was related to cartridge holder and divergent 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 long hundred observations for 1 0 years. And the observing region is the United States. I should acknowledgment 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 manifestly the relationship between housing price and epoch. 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 course of study 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 similar this Ln(houseprice)= 12.35+0.

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

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