CS代考 Introduction

Introduction
Assignment 1: Solutions
Introduction to Data Science 6/9/2022
Solve the questions below and report your solutions and findings using RMarkdown. The final pdf should be submitted via Canvas. The deadline for this assignment is June 18, 2022, 11.55pm.

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This assignment will also teach you some useful R commands. Figures should be made using the pacakge ggplot. Pay attention to the layout of the plot.
The sample mean and standard deviation
If we have a data set given with n observations denoted by x1 , x2 , . . . , xn . Then we can always determine the sample mean, denoted by μˆ and sample standard deviation σˆ. Moreover, these statistics will always be finite since we have a finite sample.
However, we have to be careful with blindly using the sample mean and sample standard deviation to summarize a data set. In this assignment, we will show situations where the sample mean and standard deviation do not provide useful information about the data set. Moreover, using the sample mean and sample standard deviation can be dangerous, since it does not reflect the true nature of the data.
Question 1
Run the following code.
Assume the observations in the data frame Data represent observations of two variables that you have to investigate.
library(Pareto) # if necessary, first install the package. Use install.pacakges(“Pareto”) set.seed(100)
Data=data.frame(x.n=rnorm(50000),x.p=rPareto(50000,t=1,alpha=2))
1. 2. 3. 4.
Use ggplot to make a histogram and a boxplot of the variable x.n. The grid.Extra package contains the grid.arrange function which is convenient to organize multiple plots.
Determine the sample mean and sample standard deviation of the variable x.n. Is this what you would expect given the data generation process?
Explain how the sample mean and standard deviation that you calculated in the previous question can be used to summarize the variable. In particular, can the mean be used to predict new observations?
Consider the following statement: ‘The mean and the standard deviation of the observations of the variable x.p cannot be used to summarize the data. Moreover, the mean is a bad predictor for new observations because it neglects possible very extreme realizations.’ Provide an analysis to support this statement. Make useful plots and tables.
Tip: Start by determining the mean and standard deviation of the data set. Make a histogram and boxplot. You can use the function filter to determine a subset of a data frame.

Question 2
1. Load the data set DataAssignment1.txt. Transform the data to the log scale and make a histogram and boxplot. Use ggplot to make the plots.
2. Are there outliers in this data set that should be deleted before we start our exploratory analysis?
3. Determine the mean and median of the data set. Explain what you see?
4. This data set contains the daily claim amounts a large insurance company is receiving. Determine at each day the sample mean and median using all past, but no future, observations. Use these figures to justify which measure to use in this example, the mean or the median. Use the functions cumsum, sapply and head to determine the rolling mean and median without using a for loop.

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