From the course: Complete Guide to AI and Data Science for SQL Developers: From Beginner to Advanced

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Challenge: Visualization

Challenge: Visualization

(upbeat music) - [Instructor] You're part of a real estate team exploring factors affecting property prices in a city. Here are a couple of crucial concepts for your analysis. First, bivariate analysis. Next, correlation interpretation. Here's your challenge. Explain why studying relationships between property features and prices matters for your real estate analysis. How can it benefit your team? Secondly, imagine you find a correlation of 0.75 between the number of rooms in a house and its selling price, how would you describe this correlation to your team? And what does it mean regarding room counts and prices? Take about 10 minutes for this challenge. Pause the video if needed, and once you formulate your answer, hit Play to see the solution in the solution video.

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