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5L4Z0019 Data Analytics for Economics I

Question

Answered

Question:

Assignment Task:

A short report that, utilising key skills learnt from the unit, presents an overview of a current economic topic from data accessed, cleaned and prepared for the presentation of data visualisation via charts and maps, comparing different effects over different geographies/industries and reflecting on how aggregate data can hide important differences at more micro levels.

Explain the principles of data normalisation and warehousing techniques for efficient storage and retrieval

Assess the basic concepts of functional programming to repeat tasks

Evaluate the key principles of statistical geography

Interpret and visualise data for effective communication of data stories

Career Professional Skills developed

As a matter of course, this assignment will help further develop your information gathering capabilities, critical analysis and thinking skills and practical decision making as well as enhancing your written communication skills essential for employability and life-long learning.

Specifically, you will:

1.Apply critical thinking to the practical and theoretical problems

a.Identify and interrogate relevant data sources using methods appropriate to level of study and to discipline

2.Effectively communicate using a range of media

a.Organise work in a logical structure in order to draw conclusions that follow from line of argument

b.Demonstrate digital skills appropriate to level and to discipline

3.Have awareness of ethical, social responsibility and sustainability issues

a.Identify and interrogate issues of ethics, responsibility and sustainability

4.Demonstrate professional awareness

a.Demonstrate critical professional and commercial/corporate awareness in your discipline

Assignment Details and Instructions.

Write a brief report that summarises the nature of the dataset and its role in current government economic or wider policy, the transformations you have made to the dataset in preparing it for analysis, the reasons for choosing the data visualisations you have used, and a brief summary that highlights the key points of interest for the government of the day that you have discovered.

You should also include, as an appendix, the code you wrote to access the data, clean it, prepare it for analysis, and to generate the data visualisations. This will NOT count towards the word limit.

5L4Z0019 Data Analytics for Economics I

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Q

Create the line charts for each of S&P, Yahoo and Google series using Close prices against time in Excel and comment on your observations (focusing time series features). 2 a. Calculate returns for these three series in Excel using the transformation: rt = 100 ln[Pt/Pt-1] Hints: • We p ...

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1.0:    The Concepts of Mediator and Forms of Mediating Effect    1.1: The Concept of Mediator and Moderator    1.2: The Comparison Between Mediator and Moderator    1.3: Forms of Mediating Effect        1.3.1: ...

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Q

Required: 1. Use methods of descriptive statistics to summarize the data. Comment on the findings. 2. Develop estimated regression equations, first using annual income as the in- dependent variable and then using household size as the independent variable. Which variable is the better predictor of a ...

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Task: 1.Suppose you are trying to design practical ways to retain bank customers (perhaps by providing special offers?). However, you are unsure of what to do to make sure that the programs will be successful. Describe how you might use the bankchurn data to help make your decision. 2.What are the ...

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