Home » The goal of the project is to develop a statistical model for a specific business problem and provide a thorough analysis of it. Possible topics: prediction of prices for a specific stock/bitcoin/com

The goal of the project is to develop a statistical model for a specific business problem and provide a thorough analysis of it. Possible topics: prediction of prices for a specific stock/bitcoin/com

The goal of the project is to develop a statistical model for a specific business problem and provide a thorough analysis of it.Possible topics: prediction of prices for a specific stock/bitcoin/commodity/futures/options; prediction of a country’s GDP level using market indicators; prediction of auto sales; analysis of bonds liquidity, etc.You should choose a topic that interests you, construct a solid multivariable regression model by brainstorming which factors can be relevant to prediction, obtain data and use R to carry out statistical analysis. 

It is expected that you work with a sufficiently large data set originally to find which factors are significant for the model (I expect 20-25 factors). Including categorical variables along with continuous variables is strongly encouraged.

Check the assumptions of the model by carrying out residual analysis (see the R video on that in particular) and provide recommendations if there are significant violations. Test relevant hypotheses. Remove insignificant variables and analyze the new model using R tools.I can provide guidance and advice during the course of project, if needed. Please ask your questions during class/office hours or email.You will need to submit a report covering the background information (the topic of research), the objective of your research, model description with following rigorous statistical analysis and conclusions.

There is no requirement on the size of the final report but typically it should be 10-15 pages + Appendix with R code. Make sure to indicate all additional resources you use, including the data sources, in the reference list. Include your R code in the Appendix of the report, that is in the pdf file.The cover page should contain your name, an abstract, and the statement:”I have neither given nor received help (apart from the instructor) to complete this assignment” with your signature.

An abstract is a concise summary of a research paper or entire thesis. It is an original work, not an excerpted passage. An abstract must be fully self-contained and make sense by itself, without further reference to outside sources or to the actual paper. I require the abstract to be no more than 400 words. The abstract is essentially a short presentation of our work that you can use, for example, during the job interview process. 

Be very critical about all work you submit. Presentation counts!Upload the files on Canvas (a pdf file with the final report and all necessary data and .R files).The instructor reserves a right to ask any student about the solution process and if it’s clear that the student doesn’t understand the material, they will receive a grade 0 on the assignment. Copying the solutions or parts of them from others/posting them online will cause serious issues and will be reported to the Office of Academic Integrity.


The rubric:Cover page: 1 ptAbstract: 5 ptsBackground information: 10 ptsDescription of factors (20-25 requested): 10 ptsDiscussion of the assumptions of the model backed up by graphs and analysis: 30 ptsRecommendations in case of violation of the assumptions: 10 ptsStatistical analysis (hypothesis testing): 25 pts Proper citation and reference list: 5 ptsPresentable source files and code uploaded on Canvas: 4 ptsProject grade is the sum of the points above.

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10