What are the limitations of the technique you used

Assignment Help Basic Statistics

Reference no: EM131498587

Use the data attached in excel for this report.

The scope of this assignment is broad. I want you to draw on the techniques used in the class (summary statistics, hypothesis testing, regression) to address ONE of the questions below. You can use any combination of techniques.

The final output should be a 1-2 page, single-spaced report (Microsoft Word) on your findings. I do not need to see your Excel work. The report should address the following:

1. What is the topic you are addressing and what are your hypotheses?

2. How did you approach the topic? This will be a description of the techniques you decided on and why you decided on them. I'm assuming for most people this will be a regression model. You should explain why you settled on the specific model you present. If you transform variables, say so and explain why.

3. What are your key findings?

4. What are the limitations of the technique you used? Be sure to mention the assumptions of the technique you used and whether the assumptions are satisfied.

1) What explains how much of their budget a family spends on food? (food.csv)

This data set includes the following variables:

Percentage of budget spent on food

Total spending of household

Age of head of house

Household size

Female head of house

Small Town

Medium Small Town

Medium Town

Medium Large Town

Large Town

Attachment:- Assignment Files.rar

Reference no: EM131498587

Questions Cloud

What are the conditions that can create a terrorist : What are conditions that can create a terrorist? What are religious, cultural, economic and/or political conditions that can lead to recruitment of terrorists?

The effective interest rate on the simple interest note : you were offered the opportunity to purchase either a simple interest note

Contribute to slowing disk performance : What do you think are some of the main things that contribute to slowing disk performance? How might you address these issues?

Identify components of policy development and implementation : Identify components of policy development and implementation. Determine the influences on criminal justice policy development and policy-making.

What are the limitations of the technique you used : What are the limitations of the technique you used? What is the topic you are addressing and what are your hypotheses

What do you think is the biggest influence on policy and why : What do you think is the biggest influence on policy and why? Which factor(s) matter most to criminal justice policy development?

Find covariance and correlation coefficient of the two stock : Find the expected rate of return on each stock. Find covariance and correlation coefficient of the two stocks.

Define interface between the two turbine subsystems : Epcor has contracted General Electric Energy to build and install a combined gas-turbine-steam-turbine power plant system. A senior engineer would like.

Hyperlink that will return to the frmmain page : Update the frmPersonnel, frmPersonnelVerified, and frmSalaryCalculator to include the CoolBiz logo at the top of each page (centered) with the logo set.

User Account

All Pages