{"id":454532,"date":"2019-03-25T14:01:53","date_gmt":"2019-03-25T21:01:53","guid":{"rendered":"http:\/\/www.esri.com\/arcgis-blog\/?post_type=blog&#038;p=454532"},"modified":"2019-03-27T14:36:56","modified_gmt":"2019-03-27T21:36:56","slug":"how-much-does-money-cost","status":"publish","type":"blog","link":"https:\/\/www.esri.com\/arcgis-blog\/products\/arcgis-pro\/announcements\/how-much-does-money-cost","title":{"rendered":"How much does money cost?"},"author":7961,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_searchwp_excluded":""},"categories":[23341,37101],"tags":[357512,25551,357522,357502,37561],"industry":[],"product":[36561],"class_list":["post-454532","blog","type-blog","status-publish","format-standard","hentry","category-analytics","category-announcements","tag-economics","tag-hot-spot-analysis","tag-jonathan-blum","tag-online-lending","tag-regression-analysis","product-arcgis-pro"],"acf":{"short_description":"Determine how location impacts online loan interest rates.","flexible_content":[{"acf_fc_layout":"content","content":"<p>If you needed money to consolidate debt, pay for a wedding, take a vacation, fix your home, or cover other expenses, would you apply for an online loan? Millions of people not only would, but already have.<\/p>\n"},{"acf_fc_layout":"image","image":{"ID":468932,"id":468932,"title":"OnlineLendingGalleryImage400x250","filename":"OnlineLendingGalleryImage400x250.jpg","filesize":21411,"url":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","link":"https:\/\/www.esri.com\/arcgis-blog\/products\/arcgis-pro\/announcements\/how-much-does-money-cost\/onlinelendinggalleryimage400x250","alt":"Online Lending","author":"7961","description":"Analyzing the Geography of Online lending","caption":"Mapping the Geography of Online Lending","name":"onlinelendinggalleryimage400x250","status":"inherit","uploaded_to":454532,"date":"2019-03-25 20:30:04","modified":"2019-03-25 21:00:35","menu_order":0,"mime_type":"image\/jpeg","type":"image","subtype":"jpeg","icon":"https:\/\/www.esri.com\/arcgis-blog\/wp-includes\/images\/media\/default.png","width":400,"height":250,"sizes":{"thumbnail":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250-150x150.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","medium-width":400,"medium-height":250,"medium_large":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","medium_large-width":400,"medium_large-height":250,"large":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","large-width":400,"large-height":250,"1536x1536":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","1536x1536-width":400,"1536x1536-height":250,"2048x2048":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","2048x2048-width":400,"2048x2048-height":250,"card_image":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","card_image-width":400,"card_image-height":250,"wide_image":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/OnlineLendingGalleryImage400x250.jpg","wide_image-width":400,"wide_image-height":250}},"image_position":"center","orientation":"horizontal","hyperlink":"https:\/\/eath.maps.arcgis.com\/apps\/Cascade\/index.html?appid=e82c305b5a334f33ab121415a1d30f81"},{"acf_fc_layout":"content","content":"<p>How much do you think you&#8217;d pay in interest for that loan? It depends, right? Most of us take for granted that a poor credit score translates directly to higher interest rates. Well, Jonathan Blum, a New York author and GIS-novice, tests this assumption using regression analysis in ArcGIS Pro. He discovers some unexpected and very interesting results.<\/p>\n<p>Would you like to learn about using regression analysis in ArcGIS Pro? If yes, you&#8217;re in luck! A <a href=\"https:\/\/eath.maps.arcgis.com\/apps\/Cascade\/index.html?appid=e82c305b5a334f33ab121415a1d30f81\">story map<\/a>\u00a0and <a href=\"https:\/\/learn.arcgis.com\/en\/projects\/determine-how-location-impacts-interest-rates\/\">new learn lesson<\/a> are available to help you do it. It follows Jonathan&#8217;s analysis. See if reading his story or completing the one-hour tutorial doesn&#8217;t inspire you to test some of your own assumptions about correlations. Here are a couple ideas to get you started:<\/p>\n<ul>\n<li>Might we expect communities with the largest incomes to pay the highest income taxes?<\/li>\n<li>Isn&#8217;t it reasonable to assume agricultural areas with the best growing conditions will produce the highest yields?<\/li>\n<li>Do you ever wonder if schools with the best teacher-to-student ratios also have the best test scores?<\/li>\n<\/ul>\n<p>Have fun!<\/p>\n"}],"authors":[{"ID":7961,"user_firstname":"Lauren","user_lastname":"Griffin","nickname":"Lauren Scott Griffin","user_nicename":"lgriffin","display_name":"Lauren Scott Griffin","user_email":"LGriffin@esri.com","user_url":"","user_registered":"2018-05-14 20:29:48","user_description":"Dr. Lauren Griffin has more than 34 years\u2019 experience in software development, spatial analysis, and GIS. She currently works at ESRI as a product specialist on the Geoprocessing and Analysis team where she is responsible for software support, education, documentation, and development of analytical workflows using ArcGIS.","user_avatar":"<img data-del=\"avatar\" src='https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2018\/05\/Photo250x250.jpg' class='avatar pp-user-avatar avatar-96 photo ' height='96' width='96'\/>"}],"related_articles":"","card_image":"https:\/\/www.esri.com\/arcgis-blog\/app\/uploads\/2019\/03\/Banner-1.png","wide_image":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.9 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much does money cost?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esri.com\/arcgis-blog\/products\/arcgis-pro\/announcements\/how-much-does-money-cost\" 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