User Account

All Pages

data project, Applied Statistics

Assignment Help:
Dr. Jim Mirabella
UNIT EIGHT: DATA ANALYSIS PROJECT
All Excel output should be copied into a single Word document where you must enter all of your
responses to the questions below. Format the document professionally so it flows well. Include
a table of contents.
? Choose any published database from the internet or Bethel library (such as those from the
Census Bureau or any financial sites). You may opt to use one of the data files provided
by the instructor if applicable.
? Get advanced approval from the instructor on your chosen database.
? If the file is large, randomly choose 200 of the observations from the data.
? Explain each variable in the file that you are analyzing. Be sure your file includes at least
3 scale variables and at least 2 nominal variables.
? Conduct a descriptive analysis on any 2 interval / ratio variables you wish using
Descriptive_Statistics.xls and Frequency_Distribution.xls. Explain the output.
? Conduct 3 different hypothesis tests of your choice using appropriate variables from the
file (note: you must use 3 different tests and not run one test on 3 different variables). In
each case, state the variables being tested as well as the hypothesis, decision and
conclusion. Use 3 of the following (1-Sample Test for Means, 1-Sample Test for
Proportions, 2-Sample Test for Means – Independent Samples, 2-Sample Test for Means
– Paired Samples, 2-Sample Test for Proportions, Analysis of Variance, Chi Square
Goodness of Fit Test, Chi Square Test of Independence, Correlation Test).
? Develop a model to predict an interval / ratio variable using at least 2 other variables.
Use Multiple_Regression.xls and state the regression model and which variables are or
are not significant. Also, use the model to make a prediction by making up values for
each of the independent variables.
? Write a one to two page summary of your findings. Include the data file in the appendix.
The project is due at the close of Week 8. You may work alone or in a team of 2 (you choose
your own partners and both of you must let your instructor know of your intent to work
together).
You may use a data set from the internet or from your workplace, or you may use one of the files
provided on www.drjimmirabella.com/bethel The files are described here, and the variables are
described within the files. If there is anything confusing about these data files, please ask your
instructor.
BASEBALL: This file includes actual team by team data for the 1997 MLB season. The key
variable to predict in Multiple Regression Analysis is the number of wins (or possibly the
attendance). Lots of interesting analysis possibilities here, including how team salary relates to a
team making the playoffs, or whether money buys wins, or how wins relate to attendance, or
how performance on the field relates to the field surface, etc. If you know something about
baseball, this file should make sense to you.
Dr. Jim Mirabella
CARS: This file is self-explanatory after you open it. Several variables describe the car (sports
car, SUV, engine size, horsepower, etc.), and several describe the car’s performance (CityMPG
and Highway MPG). It also includes the Dealer Cost and Suggested Retail Price. The key
variable to predict in Multiple Regression Analysis is the Suggested Retail Price. Lots of
crosstabulation options for Chi Square Analysis, lots of ANOVA and t-test options in which you
analyze miles per gallon or price as a function of any of the many variables included.
LOW BIRTH WEIGHT: This file looks at factors that might predict a baby being born with low
birth weight. Birth weights of 5.5 pounds or less are considered low in this file. Use the actual
birth weight as the key predicted variable in Multiple Regression Analysis. Lots of variables
about the mother regarding her weight, race, medical problems, and doctor’s visits can be used
for Chi Square analysis or as factors in ANOVA’s or t-tests.
MUTUAL FUNDS: This file looks at Large Cap, Mid Cap and Small Cap funds with either
Growth or Value objectives. Some funds have fees. Funds are either high, average or low risk.
Assets range from 50.7 million dollars to 66.5 billion dollars. For Multiple Regression Analysis,
you can choose to predict any of the three Return rates (measured in percents). Lots of
categorical variables to choose from in a Chi Square Analysis or as factors to analyze differences
in mean return rates.
TIPS: This file includes data on 75 patrons at the Spaghetti Warehouse on a given day. The key
variable here is the Tip Rate or the Tip Total. If you wait tables there, under what circumstances
are you most likely to get a better tip? You can compute mean Bills or Tips or Tip Rates as a
function of the meal time, the party size or the size of the party at the table.
Note that you should not use a nominal variable with 3 or more values in the Multiple
Regression Analysis (unless you convert to dummy variables, but that is unnecessary here).

Related Discussions:- data project

Box plot of income, The box plot displays the diversity of data for the inc...

The box plot displays the diversity of data for the income; the data ranges from 20 being the minimum value and 1110 being the maximum value. The box plot is positively skewed at 4

Disadvantages of mode, Disadvantages The value of mode cannot always...

Disadvantages The value of mode cannot always be determined. In some cases we may have a bimodal series. It is not capable of algebraic manipulations. For example, from t

Evaluate gross reproduction rate, Evaluate Gross Reproduction Rate: Fr...

Evaluate Gross Reproduction Rate: From the data given below compute : i)   General  Fertility  Rate ii)  Specific  Fertility  Rate iii)  Total  Fertility  Rate iv)

What are the coefficients of the linear combination, For the following ques...

For the following questions we are interested in a comparison of the 16 years education vs. > 16 years. (Recall we did the analysis on the log scale, so these are actual means on t

Measures of dispersion, Measures of Dispersion ...

Measures of Dispersion Box 3: Food vs. Oil Below are the figures for foodgrain procurement   and cr

Statisttics., Explain any two applications of statistics

Explain any two applications of statistics

Chi square test as a distributional goodness of fit, Chi Square Test as a D...

Chi Square Test as a Distributional Goodness of Fit In day-to-day decision making managers often come across situations wherein they are in a state of dilemma about the applica

Random sampling method, Random Sampling Method In this method the units...

Random Sampling Method In this method the units are selected in such a way that every item in the whole universe has an equal chance of being included. In the words of croxton

Econometrics, Ask question From the household budget survey of 1980 of the...

Ask question From the household budget survey of 1980 of the Dutch Central Bureau of Statistics, J. S. Cramer obtained the following logit model based on a sample of 2820 househol

Calculate the length of the rope, The tension, T, in the tow rope pulling t...

The tension, T, in the tow rope pulling the car in Newtons is given in P8.  Determine the minimum length of the rope l, between A and B, so that the tension in either AB or AC equa

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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