Page 49 - Regression Guideline for AMC

MODEL STABILITY
• Moreover, none of the property characteris6cs except being bank owned (in the N = 50 model) and being bank owned and square footage (in the N = 100 model) remained sta6s6cally significant in these reduced sample models. In addi6on to being less accurate, both of these models missed poten6ally important predictors of property values in the Orlando market.
• Key ques:on 5: How many proper:es were examined in the regression analysis? Was there a minimum of at least 20 cases per each property characteris:c included in the regression model to avoid shrinkage and missing one or more property characteris:cs poten:ally important to property values in a given market?
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