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sudu1988 OP t1_jdqlt0v wrote

Reply to comment by diffraction-limited in [OC] Relation between the square meter price of an apartment and distance from Notre Dame de Paris in Paris and Ile-de-France by sudu1988

Well, the results looked much more off. But you are right, I should add some information on the mean squared error. In my article I didn't wanted to shock people with it, because it's kind of more informative post.

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diffraction-limited t1_jdqm5ej wrote

Yeah i get that, but for me that would be the interesting part. Making a model is just one part, choosing if the model is correct is a whole different story :) And i still think that adjusting an inverse square model might be worth trying, no? The price is based on available space, and this correlates with a square and not an exponential function. Not sure why I feel so strongly about that, sorry:)

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sudu1988 OP t1_jdqmwis wrote

No worries. Will give it another try later. It's maybe really worth it.

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Jolly_Scholar7367 t1_jdt0rnh wrote

Very cool, if you can expand this to other cities that would be very interesting

Also, if you could plot this against the mass of garbage outside each, that would be great /s

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Jatzy_AME t1_jdrc5in wrote

Price probably falls off faster than inverse square. The available space grows quadratically, but as you get further you lose more prestige, proximity with important landmarks etc.

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diffraction-limited t1_jdsegyp wrote

True. But even if you use some mix of polynomials it might be still better to argue why, rather than using an exponential here no?

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Jatzy_AME t1_jdseszr wrote

Sure! Deciding which model to use a posteriori based on the shape of the data is definitely not ideal.

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diffraction-limited t1_jdsfqv5 wrote

Yeah. That's what my students do. Love to discuss with then why it's not the way forward, haha

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