How are the prices of housing affected by the location of malls in the Washington DC Metro Area? By sampling housing that is for sale within a 2-mile radius of two malls in the Washington DC metro area, the correlation between location of malls and housing prices can be found. Two malls will be surveyed in the Washington DC Metro area in order to answer this question. Tyson’s Galleria, located in Tyson’s Corner, between Vienna and McLean, Virginia, is the largest shopping mall in Virginia and is located 12.5 miles (20.1 kilometers) from the Central Business District of Washington D.C. The second mall being sampled is Landmark Mall, which is located in a triangle formed by Duke Street (Virginia State Route 236), Shirley Highway (I-395), and Van Dorn Street (Virginia State Route 401) in Alexandria, Virginia. By sampling similar housing and find the pricing differences between the housing near each mall, a positive or negative correlation between the two factors can be found. The Tyson’s Galleria mall has been very popular and successful in the recent years, dating back to its opening. The mall was opened in 1968 and is now home to over 300 stores and services. This success could be a factor in the housing pricing near the mall, precisely what will be determined by the investigation. Landmark mall on the other hand has become unpopular, and run down in the recent years. It was opened in 1965 and actually declared bankruptcy in April 2009. Again this could factor into the housing prices that surround the area. The IA relates of urbanization because it surveys housing prices, and determines factors that effect them in an urban MEDC, and in relation to a CBD (Washington DC).
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...n evaluating this work, it is apparent that the question was in fact answered, and done so with data with is current, and verified; this in itself makes the internal assessment a success.
Weisstein, Eric W. "Spearman Rank Correlation Coefficient -- from Wolfram MathWorld." Wolfram MathWorld: The Web's Most Extensive Mathematics Resource. Wolfram. Web. 19 Dec. 2011.
"Google Maps Distance Calculator." Daft Logic. Web. 19 Dec. 2011.
"Google Maps." Google. Web. 19 Dec. 2011.
Zillow - Real Estate, Homes for Sale, Recent Sales, Apartment Rentals. Web. 19 Dec. 2011.
Metropolitan Regional Information Systems. Web. 19 Dec. 2011.
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