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 Computer Science Assessment Task

ASSIGNMENT QUESTION 1: LOGIT MODEL (ZERO, ONE DATA)

The relationship under investigation is the choice of possums to eat feed type 1 or feed type 2.  The variables record the distance each food source was placed from the possum nest (in metres), and records the choice of food type (0 = food type 1 and 1 = food type 2).  The data is in the Feed1 data file.  The research question you are trying to answer is, if a possum is located equal distance from each feed type, will they choose feed type 1 or feed type 2?

ASSIGNMENT QUESTION 2: RECREATION DEMAND (COUNT DATA MODEL)

The Recreation Demand 3 data file contains information from a survey of people about how frequently they have visited Perth Park in the past 12 month.  The costpark variable is the estimated travel cost for people to get to the park.  The costsub variable is the cost of getting to an alternative park that has the same features as Perth Park.  The income variable is a measure of the respondent’s income. 

ASSIGNMENT QUESTION 3: HEDONIC PRICING (CONTINUOUS DATA) 

The hedonic data file contains information about house sale prices and the characteristics of these houses. The data columns are as follows:

House price = is the house sale price ($’000)

bedrooms = the number of bedrooms for the sold house 

bathrooms = the number of bathrooms for the sold house 

land area = the land area of the sold house (m2)

house age = the age of the sold house

green space = whether the sold house located within walking distance to public open space

time = year of the house sold

location = the suburb the sold house located

Prepare a short written report (no more than two pages including tables) that investigates the implicit price of living within walking distance to public open space and also explains your approach to modelling.  Hint: you will want to consider as part of your testing approach: (a) a spatial fixed effects model; (b) a time fixed effects only model; and (c) a time and spatial fixed effects model, and use formal tests to establish the model you think is most appropriate.  You will also want to include a summary table for the final model you estimate, and reference a method, such as the box-cox transformation to help guide your selection of model functional form (transformation of the Y variable)

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  • Posted on : October 14th, 2018
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