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BUSS1020 Group Assignment S1 2017

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This was the Group Assignment task for Semester 1, 2017. Contains full workings, equations, graphs and written responses.

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13 Pages Essays / Projects 1-2 Years old
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BUSS1020 Group Assignment S1 2017
Topics this document covers:
Statistical inference Multivariate statistics Regression analysis Parametric statistics Autocorrelation Data analysis Estimation theory Covariance and correlation Multicollinearity Linear regression Dummy variable Durbin–Watson statistic
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Topics this document covers:
Statistical inference Multivariate statistics Regression analysis Parametric statistics Autocorrelation Data analysis Estimation theory Covariance and correlation Multicollinearity Linear regression Dummy variable Durbin–Watson statistic
Sample Text:
The wellhead price represents the value of the natural gas when it is extracted from the earth, whereas the residential price must take into account other business costs such as transportation and delivery. As such, residential prices are inflated above wellhead ones. To begin, an initial exploratory data analysis must be conducted. A simple data analysis provides us with these results. Wellhead Prices Residential Prices Mean 4.55 13.24 Median 4.11 12.71 Mode 4.2 15.63 Maximum Value 10.79 20.77 Minimum Value 1.89 9.51 Range 8.9 11.26 Standard Deviation 2.04 2.73 Variance 4.18 7.44 Kurtosis 2 0.08 Skewness 1.56 0.73 Sum 272.79 794.56 Quartil...
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