economic and mathematical modelling

Clustering implementation of the methodology for the construction of economic and mathematical regression model of valuation real estate

Purpose. The purpose of the research is to construct economic and mathematical models by regression analysis, which will determine not only the best model for valuation of this particular sample, but also to establish principles of modelling the value real estate prices on the basis of known peers. Realization of the algorithm of regression analysis must begin with the construction of the matrix of paired sample correlation coefficients. The calculation and analysis of the correlation coefficients will allow to communicate the value of each of the factors. Methodology.