Point (i):
-The log(dist) seems to be optimistic, and their valuation is 0.312, which also
means that the cost of a house will rise even as the distance increases. In
this, the certainly is what everybody expects the better the house from
the sewage treatment is from a hygienic viewpoint.
Point (ii):
-In this regard, we cannot use straightforward regression, even as non-biased
price estimation might not even be provided.
-The price-distance relationship here is not so much linear.
Point (iii):
-Several factors influence the house's price, the biggest contributor is house
length, market nearness or public areas, number of rooms, etc.
-Thus the only influence is not the mere distance from the incinerator. It's one
of the factors affecting housing pricing.
-The proximity of markets and places can be connected to the distance from
the crematorium.
-However, factors such as house size and the number of stories aren't related
to the distance from the incineration plant.