Develop a correlation matrix for the data in Table 1. Comment on the values in your matrix and whether there are any concerns in using these variables in Venus’ multiple regression model.
Mr. Aristotle is a Vice President at Bayou City Real Estate Investment Trust (REIT) and he has presented a proposal to the board to consider an investment of $200 million in the Houston market. To support his recommendation, Mr. Aristotle had a forecast model developed for the Houston rental market. Venus, a Financial Analyst at […]