Coding Lab 8 Individual Lab 8 Instructions a. Build the model for profit model for gaming mouse in R. b. Answer questions 1-16 to the Rmd model. Model A manufacturer of wireless gaming mouse is preparing to set the price on a new model. Demand (D) is thought to depend on the price (P) and […]
Tag Archives: Scatterplot
Which of the three independent variables appears to be the best predictor of overall score?
Read the Case Problem 3 (Selecting a Point and Shoot Digital Camera) presented at the end of Chapter 14 in the textbook. Answer the following questions: Develop numerical summaries of the data. Using overall score as the dependent variable, develop three scatter diagrams, one using price as the independent variable, one using the number of […]
What additional information would be valuable to help draw a more certain conclusion?
Outline of Material to Present This assignment is broken down into four parts: Collection of Data, Organization of Data, Analysis of Data, and Conclusion/Recommendations. Each part has a subset of questions and issues you must address. ensure that your report includes a section for each of the 4 Parts listed below, and that each part […]
Construct a scatterplot where the growth rate for the period is on the y-axis, and the personal income per capita for the initial year of the period under analysis is on the x-axis.
Topic: Module 8: Assignment: Analysis and Convergence Hypothesis Module 8: Assignment: Analysis and Convergence Hypothesis Review the lecture ECON_760_M8. Select 7 counties in a US state. Search https://www.bea.gov/data/income-saving/personal-income-by-state for personal income per capita for those counties. Include in your final assignment from 1971 to 2020. Identify whether beta convergence holds in the chosen state. Evaluate […]
Did you see the results you expected, or was anything different from your expectations or experiences?
Scenario You have been hired by the D. M. Pan National Real Estate Company to develop a model to predict housing prices for homes sold in 2019. The CEO of D. M. Pan wants to use this information to help their real estate agents better determine the use of square footage as a benchmark for […]
Explain the difference between response and predictor variables in a linear regression to justify the selection of variables.
Math/Physic/Economic/Statistic Problems Overview: The purpose of this project is to have you complete all of the steps of a real-world linear regression research project starting with developing a research question, then completing a comprehensive statistical analysis, and ending with summarizing your research conclusions. Directions: Using the Project One Template located in the What to Submit […]
