Question: Give me a data set to work on my assignment. That satisfies the requirements. - Visit one of the following sources to download a dataset
Give me a data set to work on my assignment. That satisfies the requirements.
Visit one of the following sources to download a dataset related to consumer spending:
US Government's Open Data
Johns Hopkins University Data Guide
R Datasets Package
Choose a dataset that includes variables such as datetime of purchase, amount spent, category of expenditure, and demographic information of the spender if available
Your dataset must satisfy the following complexity requirements. Your total data size must be at least GB and across all data being analyzed must meet one of the two criteria:
Large Observation Criteria: observations and features
Large Feature Criteria: observations and features
Data Preparation:
Write and test your R code.
Load the dataset into R and perform necessary data cleaning steps, such as handling missing values, correcting data types, and removing duplicates.
Exploratory Data Analysis:
Generate summary statistics to understand the distribution and central tendencies of key variables.
Create visualizations such as histograms, box plots, and scatter plots to observe relationships and patterns in the data.
Statistical Analysis:
Implement one of the week topics for your dataset.
Use linear regression to explore factors that predict the amount spent.
Report Writing: Compile your findings into a structured report. Include an introduction to the dataset and the objectives of the analysis. Present the visualizations and discuss the statistical findings. Conclude with actionable business insights based on the analysis. For instance, suggest marketing strategies that could target specific consumer segments identified as high spenders.
Deliverables: R scripts used for analysis. A comprehensive report pages detailing the methodology, findings, and business recommendations.
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