Suppose you had information on the sales of similar homes just east and just west of the boundary between two school districts. How could you use those data to estimate the value parents place on the quality of their children’s schools? Use an example to support your position.
The given question is that the position of the house and the school related to each other for that the quality of education is improved and with the data it can be mentioned that if the sales of house on the east is high for people with children going to school, then there are certain factors in the east such as extra curricular activities or library facilities etc so that it actually gets to enhance the child's education and in this way a research can be developed using the given data
Suppose you had information on the sales of similar homes just east and just west of...