A real estate major collected information on some recent local home sales. The first 6 lines...

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A real estate major collected information on some recent localhome sales. The first 6 lines of the database appear below. Thecolumns correspond to the house identification number, thecommunity name, the ZIP code, the number of acres of the property,the year the house was built, the market value, and the size of theliving area (in square feet).
House_ID
Neighborhood
Mail_ZIP
Acres
Yr_Built
Full_Market_Value
Size
41340053
Greenfield Manor
12859
1.00
1967
$1,00,400
960
4128001474
Fort Amherst
12801
.009
1961
$1,32,500
90
412800344
Dublin
12309
1.65
1993
$1,40,000
1620
4128001552
Granite Springs
10598
0.33
1969
$67,100
900
412800352
Arcady
10562
2.29
1955
$1,90,000
1224
413400322
Ornsbee
12859
9.13
1997
$1,26,900
1056
For the real estate data of Exercise 1, do the dataappear to have come from a designed survey or experiment? Whatconcerns might you have about drawing conclusions from this dataset?

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A real estate major collected information on some recent local home sales The first 6 lines of the database appear below The columns correspond to the house identification number the community name the ZIP code the number of acres of the property the year the See Answer

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House_ID	Neighborhood	Mail_ZIP	Acres	Yr_Built	Full_Market_Value	Size
41340053	Greenfield Manor	12859	1.00	1967	$1,00,400	960
4128001474	Fort Amherst	12801	.009	1961	$1,32,500	90
412800344	Dublin	12309	1.65	1993	$1,40,000	1620
4128001552	Granite Springs	10598	0.33	1969	$67,100	900
412800352	Arcady	10562	2.29	1955	$1,90,000	1224
413400322	Ornsbee	12859	9.13	1997	$1,26,900	1056