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"A comparative analysis of rental variation in residential and commercial properties in eyenkole community, ejigbo", what are the variables to this topic

Question

A comparative analysis of rental variation in residential and commercial properties in eyenkole community, ejigbo

What are the variables to this topic?

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Solution

The variables in the topic "A comparative analysis of rental variation in residential and commercial properties in Eyenkole community, Ejigbo" could include:

  1. Type of Property: This is a categorical variable with two levels - residential and commercial. This variable will be used to compare the rental variations between these two types of properties.

  2. Rental Price: This is a continuous variable that represents the cost of renting a property. This variable can vary greatly and will be used to analyze the variation in rental prices.

  3. Location within Eyenkole community: This could be a categorical variable representing different areas within the Eyenkole community. Location can significantly affect rental prices.

  4. Size of Property: This is a continuous variable that represents the size of the property (in square feet or meters). Larger properties generally have higher rental prices.

  5. Age of Property: This is a continuous variable that represents the age of the property. Older properties may have lower rental prices, all else being equal.

  6. Condition of Property: This could be a categorical variable representing the condition of the property (e.g., new, good, fair, poor). The condition of a property can affect its rental price.

  7. Amenities: This could be a categorical variable representing different amenities that a property has (e.g., parking, security, backup power, etc.). Properties with more or better amenities generally have higher rental prices.

These variables can be used to analyze and compare the variation in rental prices between residential and commercial properties in the Eyenkole community in Ejigbo.

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