CS计算机代考程序代写 finance FINAL PROJECT

FINAL PROJECT

C. Thatcher STAT 478 Project – 1

P R O J E C T (100 P O I N T S )

Due Thursday, Dec. 9, 2021
The project consists of a multiple linear regression analysis on a data set of your

choosing. You will be expected to perform the analysis and write the report in groups of
one to three people. The project proposal and the final project paper will be turned in
through Blackboard.

FINDING THE DATA
You are encouraged to find a data set that represents a problem of interest to you. You

may select a data set from a textbook (except ones we have or will analyze in class), or
you may use data from the internet, from another class, or that you have collected on
your own. The table below gives some websites with interesting data. Your data set should
have at least four potential explanatory variables and at least twenty observations.

Real data sets are more difficult to analyze than the data found in a textbook.
Additionally, the more predictor variables involved, the more complex the analysis will be
(and possibly more problematic). For these reasons, your grade on the project will depend
on how well your analysis meets the challenges of your data set. Thus, I expect you to do
more analysis with a simple data set. For any data set, you will have to address the
standard issues in multiple linear regression: the overall fit of the model, variable
selection, residual diagnostics, and prediction.

Online Data Source

EPA (STORET)

EPA (eGRID)

United Nations (Human Development)

CDC – National Center for Health Statistics

USDA

US Dept of Education

US Dept of Education (Colleges)

US Census Bureau

Stock Market

Bureau of Justice Statistics

NOAA Climate Data

ESPN

C. Thatcher STAT 478 Project – 2

PROJECT PROPOSAL
Your group should provide me with a brief project description including the

question(s) of interest, a brief description of the data, and the data set† (with references, if
necessary). In addition, you should include the results of the overall F-test, R2, and the
results of the individual t-tests for the marginal effects. The model you analyze should
include all your potential explanatory variables (although you may leave out any indicator
or interaction variables) and will generally be your initial model in the final report. The
writing of your project proposal may be informal.

The proposal is due Sept. 28 and is worth 10 points of your final project grade.

ANALYZING THE DATA
You will be exposed to many of the procedures and analyses in multiple linear

regression. You are not expected to apply every technique we discuss in class to your data
set. However, you are required to address the following components. Note: if you consider
more than one model in your analysis, the required components need only be done for
one model (not necessarily the same model for all components).
(Minimum) Required Components:

• What are your variables: data description, definition of response and predictor
variables, definition of indicator or interaction variables (if present), source of the
data, and the value of XTX for your data

• Is your model useful in predicting the response: overall F-test and R2 (or R2adj)
• Which individual variables are important to predicting the response: individual t-

tests for marginal effects
• How can your model be used for predicting future responses: (point) prediction of

response
• Does your model satisfy the assumptions of linear regression: residual plots for

linearity and variation, at least one check of normality (histogram, Q-Q plot,
statistical tests for normality)

Again, the complexity of your data set may determine which techniques can be used, and
simpler data sets are expected to be accompanied by more complete analyses. A project
that involved the simplest of data sets and only the required components listed above
would likely earn a low B or C. To earn a higher grade, you must include some of the
following components. (There is not a specific formula here, but you should plan on doing
at least 4 or 5 additional components to earn an A.)
Additional Components:

• more complicated data: either data that is harder to collect, involves more
variables, or includes interactions and/or indicator variables

• more descriptive statistics: scatter plots, individual descriptive statistics for each
variable

• more about individual variables or subsets of variables and model comparison:
interpretation of estimated coefficients, confidence intervals for individual
coefficients or simultaneous confidence interval, checks for multicollinearity,

†You may submit a link to your data instead of a printout of the data.

C. Thatcher STAT 478 Project – 3

partial F-tests, conditional sums of squares tests, AIC/BIC comparisons, model
selection: all subsets, forward, backwards, or step-wise techniques

• calculations done using matrix form rather than (or in addition to) Minitab/R
output

• more about prediction: confidence interval for mean response, prediction interval
for new response

• more checks for assumptions: tests for independence (if appropriate), checks for
outliers and influential observations

• corrections for failed assumptions: transformations, WLS, modeling
autocorrelation

WRITTEN REPORT
Your final report should include a description of your question of interest, the data

considered, the analyses performed, and the results of your analyses. Note: It is not
sufficient to give output without discussing the output in your written text. (For
example, if you include the Coefficients Table, but do not talk about the the individual t-
tests in your written report, I will not count that as having included the individual t-
tests.) At the same time, for any elements you discuss in your written report, you should
include output that supports that discussion.

Grammar, spelling, and general readability do count. It’s a good idea to have someone
outside of your group read your final report (you could trade with another group in class
or take it to the Writing Center). You can also show me a sample.

At the minimum, your project should include

• relevant computer output (graphs, coefficients tables, ANOVA tables, etc.)
You must include enough output to show from where your results come. For
example, if you give the regression equation in your text—which you should, then
you should include the Coefficients Table in your output (but you could delete the
columns you don’t use). You do not need to include the original data nor output
for models that you tried but did not discuss in the report. You also do not need to
include the R commands that generated your output, but you may include them if
you wish. As you are likely to have considered multiple models, be sure to label
your output (this will also help you be able to refer to your output from your text).

• final results of any hand calculations (matrix calculation, partial F-tests,
confidence intervals, predictions)
You should show enough detail that I can reconstruct and verify your calculations
(i.e. show all the values that were used in your calculations), but you do not need
to show all the steps of your work.

• interpretation of results (purpose of analysis, interpretation of calculated
values, conclusions regarding hypothesis tests)
In many situations you have a choice of procedure; you should give some
explanation how and/or why you made the choice you did. (Note: simplicity is a
perfectly valid reason; I just want you to acknowledge any trade-offs.) Even if a
procedure was a required component, you should talk about what the analysis is

C. Thatcher STAT 478 Project – 4

used for (why would someone want to do this analysis, in general), how the
procedure works, and any assumptions, special considerations, or interpretations
relevant to your data. For example, instead of saying “we performed the global F
test and found the model to be significant (p<0.05)”, you should say something more like “The global F-test is used to evaluate whether the regression model is useful in explaining or predicting the response. Specifically, the null hypothesis states…. In the ANOVA table, we find F = 123.4, p=0.000 (see Table 4). Thus, our result is significant (p<0.05), and we conclude that our regression model is indeed useful for explaining our response.” • an overall project summary This should include a discussion of what you learned about your data and the relationship with the response, but also about the process of data collection and analysis. You may also include a discussion of any difficulties you had, things you might have done differently, or what you liked or didn’t like about the project. Your report should be typed. There is no specific length requirement, but I expect most of you will have 7 – 15 pages (depending on graphs, output, etc.). Graphs and tables may be included throughout the text or may be collected as an appendix, as long as they are labeled and referred to in the text of the document. Graphs may be done by computer or drawn neatly by hand. GRADING Grading of the project report will address appropriateness, accuracy, and depth of analyses as well as writing (including style, spelling, and grammar). The project (and proposal) is worth a total of 100 points, assigned as follows. Component Points (1) project proposal, due Sept. 28 (2) are the required components present in the written text (a) definition of response, predictors, and indicator and interaction variables (if any) (b) value of XTX (b) overall (ANOVA) F-test (c) R2 or R2adj (d) individual t-tests for marginal effects (e) (point) prediction of response (f) residual plots for linearity and variation (g) check of normality (histogram, Q-Q plot, or a statistical test for normality) (3) are calculations and interpretations correct, is there full explanation of purpose and meaning (and not just reporting of values) (4) additional components or analysis (5) spelling, typos, and grammar (6) writing style, organization, and general readability: is there an ...10 ...25 (6) (8) (6) (4) (6) (6) (8) (6) ...25 ...15 ...10 ...15 C. Thatcher STAT 478 Project - 5 introduction and conclusion, are there transitions between sections and paragraphs, are sentences confusing, brief, logical, or insightful NOTE: If you are missing any of the required analyses, your project will automatically be deducted 4-8 points for that element (the combined points for having the element and the calculation/interpretation of the element; see values in the parentheses, above). Remember, you must actually discuss an element in the written text for me to consider it as being present.