Management/Research Question:
The research question of interest is: What features impact sales price? Someone might care about this in order to set the price of a house on the market based on these features knowing that, for example, a fireplace making a house more valuable to buyers. Another reason someone might care is if a certain feature has a negative correlation with house price - they might want to change or spin that feature for the sale.
Requirements: Conduct your analysis using a cross-validation design. Conduct / improve upon previous EDA. Build models with many variables. Transform and feature engineer as appropriate. Build the following regression models.
- Basic Linear Regression - one variable
- Multiple Linear Regression
- Lasso
- Ridge
- ElasticNet