what statistical questions would you advise to use in the survey for the research?

Question

Situation:

You are assigned to be a researcher for a local construction firm. The company is targeting 4 different places to construct subdivisions.

Answer 1

The factors to consider include but are not limited to:

(1) Has the population increased in these areas?

(2) Have the property values increased in these areas?

(3) Has the median income increased in these areas?

(4) Has the crime rate maintained or decreased in these areas?

(5) Have the school rankings maintained or increased in these areas?

(6) What other construction companies (a.i. COMPETITION) shall be bidding

on construction in these areas?

(7) Are surety companies willing to underwrite, and subsequently issue

construction bonds for development in these areas?

(8) What major roads, highways, expressways, and/or interstates

service these areas?

(9) How many businesses have maintained or opened

in these areas? How is the unemployment rate?

(10) Are there any places of interest or attractions in these areas?

(11) What shall be the cost to hire contractors to work in these areas

and are these contractors available?

(12) Is development in these area supported by the local

population and local governments?