Discuss what type of data this ( quantitative-continuous) and the model used. 2-Identify which variables are categorical and which variables are numeric.

Actually, it contains two parts, the first part I need around 250 words.1-Share your understanding of the problem and the hypothesis in your own words. Discuss what type of data this ( quantitative-continuous) and the model used. 2-Identify which variables are categorical and which variables are numeric. This is the second part. Calculate the estimated value of the plot of land for the following condition: A residential lot of size 5000 sq ft that is situated 1 mile from the highway in a neighborhood that has no abandoned houses and a median income of $20, 000. The time of sale is 10 months. Discuss your findings and how to decide which model is right for your data. I need two different answers, thank you