By the end of Week 8, you are to submit at least a 3-5 page Summary Paper on this exercise....
teaan2By the end of Week 8, you are to submit at least a 3-5 page Summary Paper on this exercise. Use gretl to
run the HOUSE11.xls data file. Follow along and answer the questions posed in the Exercise:
What are the expected signs of the coefficients?
Which variables seem potentially redundant?
Which variables must you include?
What functional modifications to the equation could be made?
• Keep in mind that a major section of your paper should be devoted to arguing why you have
specified your Independent Variables and if you left any out, why.
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