Question: Focus on a critical item or Y (dependent) variable which when estimated or predicted well can significantly improve the eIectiveness of you or your company's
Focus on a critical item or Y (dependent) variable which when estimated or predicted well can significantly improve the eIectiveness of you or your company's decision making. Your job is to develop a causal model to help predict this critical variable. The Y variable must be numeric and continuous. This means try not to predict a categorical variable like Yes/No or Pass/Fail etc. as your Y variable. You can likely choose a Y variable that is useful for your employer, but your company does not have the X variables collected, in that case, this assignment will help you to solve this problem and lead your company in improving its eIectiveness by identifying the X variables. If you are not working in a company, or do not have access to company data right now, then a less preferred choice is for you to choose a Y variable of general interest such as contagion of disease, mortality rate, crime rate, health-related social variables, productivity of any kind, or any Y variable of your choice
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