Build a latent variable model for all observations

Assignment Help Basic Statistics
Reference no: EM13924373

Question 1

Recent trends show that the yield of your company's flagship product is declining.

You are uncertain if the supplier of a key raw material is to blame, or if it is due to a change in your process conditions. You begin by investigating the raw material supplier.

The data available has:

• = 24

• = 6 + 1 designation of process outcome

• =data set raw-material-characterization

• Description: 3 of the 6 measurements are size values for the plastic pellets, while the other 3 are the outputs from thermogravimetric analysis (TGA), differential scanning calorimetry (DSC) and thermomechanical analysis (TMA), measured in a laboratory.

These 6 measurements are thought to adequately characterize the raw material. Also provided is a designation Adequate or Poor that reflects the process engineer's opinion of the yield from that lot of materials.

Import the data, and set the Outcome variable as a secondary identifier for each observation, as shown in the illustration below.

The observation's primary identifier is its batch number.

1. Build a latent variable model for all observations and use auto-fit to determine the number of components.

If your software does not have and auto-fit features (cross-validation), then use a Pareto plot of the eigenvalues to decide on the number of components.

2. Interpret component 1, 2 and 3 separately (using the loadings bar plot).

3. Now plot the score plot for components 1 and 2, and colour code the score plot with the Outcome variable.

Interpret why observations with Poor outcome are at their locations in the score plot (use a contribution plot).

4. What would be your recommendations to your manager to get more of your batches classified as Adequate rather than Poor?

5. Now build a model only on the observations marked as Adequate in the Outcome variable.

6. Re-interpret the loadings plot for 1 and 2.

Is there a substantial difference between this new loadings plot and the previous one?

Reference no: EM13924373

Questions Cloud

Reference the old testament in revelation : How many times does John reference the Old Testament in Revelation?
Assignment on merger-acquisition and international strategie : Choose two (2) public corporations in an industry with which you are familiar - one (1) that has acquired another company and operates internationally and one (1) that does not have a history of mergers and acquisitions and operates solely within ..
What are the major financial statements provided by firms : What are the major financial statements provided by firms, and what specific information does each of them contain?
Legal and ethical considerations in marketing : You are a new associate at the law firm of Dewey, Chetum, and Howe. John, a former researcher at PharmaCARE, comes to your office. He has concerns about PharmaCARE's use of AD23, one of the company's top-selling diabetes drugs.
Build a latent variable model for all observations : These 6 measurements are thought to adequately characterize the raw material. Also provided is a designation Adequate or Poor that reflects the process engineer's opinion of the yield from that lot of materials.
Find the approximate 25th percentile, the median : Find the approximate 25th percentile, the median, and the 75th percentile for the PASI scores before treatment.  Find the approximate 25th percentile, the median, and the 75th percentile for the PASI scores after treatment.
Describe the overall leadership style : Describe the overall leadership style(s) of your chosen senior executive. Analyze the organizational structure and culture of the company your chosen executive has led, or is currently leading, and determine the company's approach to human capital ..
Find the five-year estimate for net income growth : Find the five-year estimate for net income growth (LTG) dividend yield, P/E ratio, Price/Cash Flow ratio, and Price/Book Value ratio.
Situational approaches to leadership : For this assignment, first review the background materials with a focus on Hersey and Blanchard's Situational Leadership model.  Make sure you are familiar with  the four leadership styles covered in the situational approach including Directing, C..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd