In this activity, you will explore first order regression models that contain qualitative variables and interaction terms. Then you will be asked to create your own first order regression models with qualitative variables and interaction terms, and write a mini-report based on your findings.
Access the R scripts for this problem set by using the Jupyter Notebook link in Module Two. In your Jupyter Notebook, you have been given a set of steps that explains how to create a first order regression model with qualitative variables and interaction terms. Go through each step, examining the scripts and their output. If you are not sure how a specific script works or how to understand the output of a script, review the readings. Reach out to your instructor if you need additional help.
Review the Module Two Problem Set Report template to understand the questions that you will need to answer for this assignment. Then, write your own scripts to create the models specified in your problem set report. Refer to the scripts that you were given as examples to guide your work.
Use the outputs of your scripts to answer all of the questions in your problem set report. The report has been divided into several sections. Each section contains questions to guide your analysis. Be sure to fully answer all of the questions and complete the following sections:
Introduction: Communicate all ideas by presenting the context of your analyses.
Correlation Analysis: Discuss the relationships between the variables using correlation coefficients.
Reporting Results: Report the results of the model by listing and interpreting various model statistics.
Evaluating Model Significance: Evaluate the significance of the model by reporting parameter estimates and performing hypothesis testing for each estimate and the overall model.
Making Predictions Using the Model: Make predictions based on the model by reporting prediction values and constructing prediction intervals and confidence intervals.
Conclusion: Communicate all ideas by summarizing and interpreting the practical implications of the results.
Guidelines for Submission
You will submit your completed problem set report as a Word document. Use 11-point Calibri font and one-inch margins. You must use the equation editor where appropriate.
You will also submit the HTML file containing the outputs of your R scripts from the Jupyter Notebook. Review the Jupyter Notebook in Codio Tutorial to help you with this task.
