I am currently looking to rent a one-bedroom apartment. I want to be as close to Buckhead as possible but do not want to spend more than $750 per month on an apartment. If I had to, I would also be willing to live in Duluth or Norcross because these areas are still close to Buckhead but also close to my work. I am going to do a statistical analysis to determine where it is feasible for myself to move given my personal requirements.

First, I will present a histogram with a frequency chart to show the price ranges of one-bedroom apartments I looked at in the three different areas of Atlanta.

Frequency table for cost
Upper Limit	Category	Frequency
600	<=600	3
650	601-650	5
700	651-700	1
750	701-750	7
800	751-800	2
850	801-850	0
900	851-900	4
950	901-950	2
1000	951-1000	1
1050	1001-1050	1

The histogram shows the frequency of costs in each category. From the graph, I was able to determine that 16 out of the 27 apartments I initially looked at are below $750. It also shows the category between $700 - $750 contained the largest number of apartments.

Since I want to be as close as I can to Buckhead, the next thing to do is see the correlation between prices and the distance from Buckhead. To do this, I created a scatter plot to visually see the relation.

This scatter plot reveals a direct relationship between the price of apartments and the distance from Buckhead. The closer the apartment is to Buckhead the more it costs. The R2 value equals .7123, which shows how strong the relationship between the two variables is. There is a high correlation given the amount of unknown variables such as apartment size and amenities. This plot also shows that apartments in my price range are at least 13 miles from Buckhead.

Next I made a line chart (shown below) depicting the costs of apartments in there respective areas.

The results from this line chart show that the best locations to move to are going to be either Duluth or Norcross, since Buckhead is not in my price range. On average, it shows that the apartments in Norcross are less expensive than the ones in Duluth.

I also created a pie chart, which shows where the percentage of apartments under $750 was located.

This pie chart reinforces the fact that no apartments in Buckhead are under $750 per month. Of the 16 apartments that were in my price range, 56.3% were in Norcross and 43.7% were located in Duluth.

Finally, I graphed the prices of apartments and distance from Buckhead together in a bar chart shown below.

This bar chart shows that apartments on average are cheaper and closer to Buckhead in Norcross than they are in Duluth.

In conclusion, I am going to concentrate my apartment hunting to the Norcross area. After doing this statistical analysis and representing the information on easy to understand graphs, it is clear the Norcross area will best meet my needs. It is on average the cheapest area of the three represented to rent a one-bedroom apartment. It is also relatively close to Buckhead (averaging 15 miles) and to work.