Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Report the known project with all information given in problem.

This course project will determine 50 percent of your final grade and hence, needs to reflect the same in the quality of your data interpretation of the results, ability to communicate the results to a layman with a non statistics background and presentation of the report. In this project, you, the students will act as consultants hired to complete a quantitative project by me, your client. Your job will be to take the dataset, analyze it using the tools and techniques taught in this course and come up with a high quality report that will demonstrate both your understanding of the curriculum of this course and your presentation skills.

The final report must be fully typed, including all the relevant methodology, equations, plots, etc. The final document must be no longer than 12 pages long, including a cover sheet and a page for references. So, you will have 10 full pages in the middle to make your case. The references page at the end should include pointers to things you've utilized in the report, including pages of the textbook with the relevant theory, websites you visited, articles you might've read, etc.

Any handwritten material and/or material going over the page limit of 10 will be discarded. Brevity is a crucial component of clarity.

•Presentation - This would cover the looks and aesthetics of the report. Things such as the structure and flow of the report, placement and labelling of graphs/plots/tables, conciseness and clarity of the writing will matter.

•Data Analysis & Numbers - This will cover your use of JMP, any manual calculations you may perform, dealing with outliers, equations, etc.

•Interpretation of Results - This will cover interpreting results in plain English for audiences that do not have a statistics background, justification provided for dealing with outliers, transformations, etc.
The following is a suggestion for how a report might be organized. This is by no means stringent. Feel free to add/remove sections from this list.

•Introduction: This section should be a precise description of your aims for this project. What are you investigating and what do potentially hope to find or prove? Did you need to collect additional data other than the data set provided? If so, how did you go about collecting it? Why and how would you be potentially useful in real life? Conclude this section with your plan of action and a couple of lines on the structure of your report.

•Data Description: What is the population from which your sample has been taken? Description of data taken from other sources. Preliminary analysis using histograms, box plots, scatter plots, etc. and investigation of outliers. Do you keep or discard identified outliers? Give good reason for either way.

•Analysis & Results: This section is the body of your report. Use it to present your use of the tools and techniques taught in this course. Justify the use of any hypothesis tests, regressions, data transformations, etc. This is essentially a description of how you did the analysis and the numbers/equations you get. All graphs, plots and tables should have appropriate captions. Remember, figures support your text, not the other way round.

•Conclusions: A brief summary of your most important findings. Discuss any shortcomings in your study and potential improvements. You can also use this section to suggest improvements to your project, and how you would go about doing the project if you had more time and resources available.

•References: This must be the last page of the report, not counted in the maximum often methodology, equations, plots n pages you have for the rest.You're Project Topic

We are interested in investigating the prices of books on online vendors such as Amazon, Barnes and Nobles, Borders, etc. The plan here is to detect whether there are significant price differences in books across these vendors. Pick out lists of bestsellers books from an independent source such the New York Times or Time Magazine. By independent, we mean that the bestsellers list should not be generated by any of the bookstores being looked at. You can get creative here and refine your list of books by genre, hardback/paperback, etc. in addition, can you think of any predictor variables for book prices and do regression analysis?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9168878

Have any Question?


Related Questions in Statistics and Probability

How do you calculate true population proportion if your

How do you calculate true population proportion if your defective sample is too small? For example, if you have 50 and defect is 4. Please look below for more details

Phillips owns 25 of mintor inc a private company in 2007

Phillips owns 25 % of Mintor, Inc. (a private company). In 2007, Mintor had sales of $22,00,000, had net income of $82,000 and Mintor paid $32,000 in dividends. If Phillips uses the Equity Income method, what did Phillip ...

In the game of roulette a player can place a 7 bet on the

In the game of? roulette, a player can place a ?$7 bet on the number 18 and have a 1/38 probability of winning. If the metal ball lands on 18?, the player gets to keep the ?$7 paid to play the game and the player is awar ...

Pete pablo has 20000 to invest he is very optimistic about

Pete Pablo has $20000 to invest. He is very optimistic about the prospects of two companies, 919 Brands and Diaries.com. However, Pete has a very pessimistic view of one company, a financial institution known as Star Ban ...

Suppose that 1 of the employees of a certain company use

Suppose that 1% of the employees of a certain company use illegal drugs. This company performs random drug tests that return positive results 99% of the time if the person is a drug use. However, it also has a 2% false p ...

Next time you see an elderly man check out his nose and

Next time you see an elderly man, check out his nose and ears! While most parts of the human body stop growing as we reach adulthood, studies show that noses and ears continue to grow larger throughout our lifetime. In o ...

You need to have accumulated savings of 2 million by the

You need to have accumulated savings of $2 million by the time that you retire in 20 years. You currently have savings of $200,000. How much do you need to save each year to meet your goal if your savings earn a return o ...

Please help me study for a test by answering this

Please help me study for a test by answering this question. A stock is just paid a dividend of $0.91 and is growing at a constant rate of 10 percent per year. If the required rate of return is 15 percent, what is the sto ...

An equally weighted portfolio consists of 41 assets which

An equally weighted portfolio consists of 41 assets which all have a standard deviation of 0.137. The average covariance between the assets is 0.118. What is the standard deviation of this portfolio expressed as a percen ...

On valentines day thenbspquiet nooknbsprestaurant offers

On Valentine's Day the  Quiet Nook  restaurant offers a  Lucky Lovers Special  that could save couples money on their romantic dinners. When the waiter brings the check he also brings a scratch-off ticket that the couple ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As