Chatgpt Expert Analysis532314532314532314./MaestroServiceControl - ps1 - Action Start./MaestroServiceControl - ps1 - Action Start
Chatgpt Expert Analysis532314532314532314./MaestroServiceControl - ps1 - Action Start./MaestroServiceControl - ps1 - Action Start
ChatGPT said:
● Sale Price
● No of Bedrooms
● No of Bathrooms
● Interquartile Range (IQR) – the box spans from Q1 (25th percentile) to Q3 (75th
percentile).
● Whiskers – extend to the smallest and largest values within 1.5 * IQR.
● Outliers – points outside the whiskers, shown as dots.
Sale Price $540,19 $450,000 $367,38 $75,00 $7.7M Very high outliers affect
8 9 0 mean.
Flat Area 2,079 1,910 918 290 13,54 A few large homes
(Sqft) 0 inflate the average.
📌 Interpretation Tips
● Sale Price has a right-skewed distribution with luxury homes acting as outliers.
● Flat Area and Lot Area have significant variance and extreme outliers, indicating a mix
of standard and luxury properties.
Would you like histograms or scatter plots next to explore relationships (e.g., Sale Price vs
Area)?
4o
You said:
i want to visualize Flat Area (in Sqft)
ChatGPT said:
● KDE (Kernel Density Estimate) line represents a smoothed version of the histogram,
helping you see the distribution shape more clearly.
● The y-axis shows how many houses fall into each flat area range.
● The peaks in the KDE line indicate where flat areas are most common.
● A long tail to the right suggests that while most homes are under 4,000 sqft, some are
significantly larger.
● There is a right-skewed distribution, indicating a few homes are very large (up to
13,540 sqft).
● The distribution suggests a typical family home market, but includes luxury homes that
can skew averages.
Would you like to zoom in on a specific range (e.g., under 5,000 sqft) or see how Flat Area
relates to Sale Price?
4o
You said:
analyze Flat Area (in Sqft) by Sale Price
ChatGPT said:
📊 Graph: Scatter Plot – Flat Area vs. Sale Price
🧾 Type of Graph:
● Clusters and patterns suggest how price changes with home size.
● Outliers appear far from the main data cluster.
○ There is a clear upward trend: larger homes generally sell for higher prices.
2. Non-linear Relationship:
○ Homes beyond ~4,000 sqft show widely varying sale prices, suggesting that
other features (location, grade, view) influence price heavily at larger sizes.
○ A few homes above 10,000 sqft or selling for millions stand out. These are likely
luxury estates.
4. Dense Cluster:
○ Most homes are between 1,000–3,000 sqft, with prices from $200,000 to
$800,000.
Would you like a trendline added or a log scale to better analyze the upper-end data?
4o
You said:
dont use scatter plot
ChatGPT said:
🧊 Graph: Hexbin Plot – Flat Area vs. Sale Price
🧾 Type of Graph:
This is a hexbin plot, an alternative to scatter plots for dense data. It groups data points into
hexagonal bins and colors them based on how many points fall into each bin.
● Each hexagon represents a group of homes with similar sizes and prices.
● The darker the hexagon, the more homes are in that area.
● The colorbar on the right shows how many homes are in each bin.
○ Most homes fall in the 1,500–2,500 sqft range and sell for $200,000–$800,000.
2. Trend:
○ There is a visible upward trend—as the flat area increases, sale price tends to
rise.
3. Data Density:
○ The plot avoids overplotting seen in scatter plots and gives a clear picture of
data density.
○ Very few homes exceed 5,000 sqft or $2 million, showing these are rare, high-
end outliers.
4. Non-linearity:
○ The relationship is not strictly linear. For larger homes, sale price varies more
widely, indicating other factors (location, design, luxury) contribute significantly.
Would you like to focus on a specific range (e.g., under 5,000 sqft) or visualize the average
price per square foot next?
4o
You said:
use line plot
ChatGPT said:
📈 Graph: Line Plot – Average Sale Price by Flat Area (in Sqft)
🧾 Type of Graph:
This is a line plot showing how the average sale price changes across different flat area size
ranges.
● Each point shows the average price for homes in a specific size range.
○ Fewer homes exist in these bins, so averages are more sensitive to outliers
(e.g., luxury properties).
3. Plateaus:
○ Around 2,500–3,000 sqft, the price increase rate slows a bit, possibly indicating
a market “sweet spot” or pricing ceiling for standard homes.
4. Outlier Effects:
○ Sharp jumps at large sizes (e.g., 6,000–10,000 sqft) suggest the influence of
high-end homes, which skew the average upward.
✅ Summary:
This line plot clearly shows that flat area strongly influences sale price, but the relationship
becomes non-linear at larger sizes, likely due to luxury features and market niche effects.
Would you like a price per square foot analysis next? That can reveal where value is
concentrated.
4o
You said:
please remove the outliers
ChatGPT said:
✅ Graph: Line Plot – Average Sale Price by Flat Area (Outliers
Removed)
🧾 What Changed?
We removed outliers from:
● Sale Price
This was done using the IQR method, which excludes extreme values outside 1.5× the
interquartile range.
● The line shows smoothed and realistic pricing trends without being distorted by
luxury or anomalous properties.
🔍 Updated Insights:
1. Clean Positive Trend:
○ The relationship is much clearer and more stable after removing outliers.
2. No Extreme Fluctuations:
○ The earlier spike around large homes is gone, reflecting the removal of luxury
estate anomalies.
○ The curve now better represents the typical housing market, especially useful
for pricing models and appraisals.
Would you like to explore price per square foot, or compare flat area trends across bedroom
counts next?