You are tasked with evaluating the effect of the age of a home on its selling...

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You are tasked with evaluating the effect of the age of a homeon its selling price. Use the Housing Prices dataset posted onCougars Courses to answer this question. In your answer clearly (1)state your hypothesis, (2) show the necessary steps to conductingeconometric research, (3) explain your rationale in each step and(4) state your conclusion.

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Gien that Econometrics is the quantitative application of statistical and mathematical models using data to develop theories or test existing hypotheses in economics and to forecast future trends from historical data It subjects realworld data to statistical trials and then compares and    See Answer
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