group project
see doc for instructions
3 years ago
10
Untitleddocument34.pdf
- FootballSalariesData1.xlsx
Untitleddocument34.pdf
• Data Preparation o Describe in detail how you dealt with any outliers or missing data. o Describe how you coded any categorical data. o Describe how you transformed the data associated with any skewed variables.
• Methods o You are expected to run 1-2 t-tests/ANOVA analyses for this project. For each ttest/ANOVA, please state the null and alternative hypothesis. o Examine the correlation table. Are there any variables with high correlations? What does this mean for your regression models? o You are expected to run 3-5 regressions for this project. For each regression, please state the null and alternative hypothesis. o Explicitly state each regression model in mathematical form.
• Results o Discuss the results of your t-tests/ANOVA/regressions. Are they significant (p-value)? Do you find support for your hypotheses? o Interpret the results of each regression, including each significant β coefficient in your model. o How well does your model fit the data (i.e., R-squared)? o Are the residuals normally distributed? o Calculate the VIF for each regression model. Is multicollinearity an issue?
• Conclusions o Discuss what new insights you learned from the regressions. o Discuss why these results are meaningful. o Discuss the managerial implications of these results (i.e., what you would recommend management do). o Discuss the limitations of your analysis.
• Appendix – as many pages as needed A. Include the descriptive statistics for each variable in the data set and include these in a single table in the Appendix. B. Include the appropriate histograms or box plots for each variable in your data set (don't forget to label each axis). C. Include a scatterplot showing the relationship between the dependent variable and independent variable of interest for each regression that you conducted. D. Include a correlation table with all of the variable in your dataset (excluding unique identifiers). E. Include all of your t-test/ANOVA/regression results.
The report should be written in a professional manner as if it were to be presented to senior management. You will submit your Excel analysis file along with your Word (or PDF) report.