Question

You are going to sell your house. You are determining what the price should be. To help you, you have collected information on houses that have sold in your neighborhood during the past eighteen months. You checked houses within a four-mile radius and here is the information you collected. You are going to base your determination of the price of your house based on the following information. Evaluate and discuss whether the data collected was appropriate and representative of the information that is needed to analyze the problem presented in the problem set.

House	House Age	Square Feet	Selling Price
1	33	1812	$190,000
2	32	1915	$205,200
3	32	1840	$194,000
4	32	1832	$192,000
5	33	1851	$202,000
6	34	2032	$208,600
7	31	1755	$188,200
8	30	1805	$205,000
9	28	1900	$215,000
10	29	1485	$192,000
11	31	1525	$195,000
12	32	1515	$192,200
13	33	1685	$201,300
14	34	1600	$205,400
15	35	1650	$218,000