User Account

All Pages

Discuss the limitations of the model

Assignment Help Basic Statistics
Reference no: EM132248334 , Length: 5 pages

Questions:

Identify the continuous, binary, and categorical variables. Convert the data so that all values to be analyzed are numeric (Display a sample 10 observations in your submission).

Determine whether any of the predictor variables are significantly correlated to each other. Which independent variables are statistically significant? Evaluate the model.

Choose an offensive soccer player in a top European league (e.g., the Premier League, the La Liga, Serie A etc.) and compute his predicted market value using the regression model.

Discuss the limitations of the model and how the model can be improved. N.B.: Answers must be based on the dataset attached to the case study.

Attachment:- Case study.zip

Verified Expert

This assignment is predicting a players value based of past data. we use the concept of multilinear regression. we use r programming language to analyse the data. First we convert the whole data in numeric form and then find correlation between different variables. there are few variables which are correlated based on high correlation value.

Reference no: EM132248334

Questions Cloud

Make a list of the different types of legislation : Make a list of the different types of legislation that apply to the business that can affect customer service.
Type of arrangement did wally propose with his suggestion : What type of arrangement did Wally propose with his suggestion that they share control of the business and split profits equally, not bothering with a written a
Design a simple network and make a drawing of the network : Design a simple network and make a drawing of the network. Include the following in your design: defense-in-depth, hardening systems, encryption.
True regarding kitty statement : Which of the following is true regarding Kitty's statement that she had no personal liability?
Discuss the limitations of the model : Discuss the limitations of the model and how the model can be improved. N.B.: Answers must be based on the dataset attached to the case study
What are some financial structure risks and indicators : What are some financial structure risks and indicators when foreign companies are thinking of investing in South Africa.
Why data mining has become important in today business world : Explain why data mining has become so important in today's business world. In the above article, the authors listed application areas of data mining.
Total compensation for the three highest paid officers : What is the total compensation for the three highest paid officers for Walmart last year(including the value of stock options and other benefits)?
Organizations on the collegiate or professional level : How can ERP be used to benefit sport teams or organizations on the collegiate or professional level ?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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