Quantative Methods Statistics Assignment Essay Example
Quantitative Methods Unit 1 Statistics Project
A Report Comparing Property Prices in Jesmond & Wallsend
Example of average property in Jesmond based on actual Mean of £302,809 (Right Move)
Average property in Wallsend based on actual Mean of £87,350 (Right Move)
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Contents
1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 14.0 15.0 16.0 Introduction Data Collection Raw Data Calculations Tally/ Frequency Charts Bar Charts Pie Charts Cumulative Frequency Tables Histogram Appropriate use of Measurements Discussion & Observations Comparisons Analysis Conclusion Evaluation Bibliography 3 4 5-9 9 10-12 13 14-17 18-19 20 20 20-21 21 21-22 22 22 22-23i
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1.0 Introduction My hypothesis is that property in Jesmond is more expensive than property in Wallsend. Jesmond and Wallsend are very different areas.
Osbourne Road, Jesmond (Expedia) Jesmond is a leafy suburb with a large proportion of cosmopolitan shops, bars, restaurants and other amenities. It also has a high student population and a busy street called Osbourne Road, which houses some very popular late night bars.
High Street, Wallsend (City Local) Wallsend is a less desire-able and densely populated inner-city area, which doesn’t have such a high student population or some of the more cosmopolitan attractions available in Jesmond. However, both areas are in the east end of Newcastle and within easy reach of the city centre.
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2.0 Data Collection I used the Zoopla web site to compile data as they provide information from a variety of different estate agents. I also used the ‘Most Recent’ button to ensure the data was randomly selected and not sorted by ascending or descending prices. In addition, I created separate sets of data based on the number of bedrooms within the properties. I decided that this method of selection would allow me to make more accurate ‘like for like’ comparisons between the two areas and make the collective data, for Jesmond and Wallsend, as directly
A Report Comparing Property Prices in Jesmond & Wallsend
Example of average property in Jesmond based on actual Mean of £302,809 (Right Move)
Average property in Wallsend based on actual Mean of £87,350 (Right Move)
1
Contents
1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 14.0 15.0 16.0 Introduction Data Collection Raw Data Calculations Tally/ Frequency Charts Bar Charts Pie Charts Cumulative Frequency Tables Histogram Appropriate use of Measurements Discussion & Observations Comparisons Analysis Conclusion Evaluation Bibliography 3 4 5-9 9 10-12 13 14-17 18-19 20 20 20-21 21 21-22 22 22 22-23i
2
1.0 Introduction My hypothesis is that property in Jesmond is more expensive than property in Wallsend. Jesmond and Wallsend are very different areas.
Osbourne Road, Jesmond (Expedia) Jesmond is a leafy suburb with a large proportion of cosmopolitan shops, bars, restaurants and other amenities. It also has a high student population and a busy street called Osbourne Road, which houses some very popular late night bars.
High Street, Wallsend (City Local) Wallsend is a less desire-able and densely populated inner-city area, which doesn’t have such a high student population or some of the more cosmopolitan attractions available in Jesmond. However, both areas are in the east end of Newcastle and within easy reach of the city centre.
3
2.0 Data Collection I used the Zoopla web site to compile data as they provide information from a variety of different estate agents. I also used the ‘Most Recent’ button to ensure the data was randomly selected and not sorted by ascending or descending prices. In addition, I created separate sets of data based on the number of bedrooms within the properties. I decided that this method of selection would allow me to make more accurate ‘like for like’ comparisons between the two areas and make the collective data, for Jesmond and Wallsend, as directly