ECON 178 De Anza Prediction Model to Predict Total Wealth in US Dollars R Program
Build a prediction/fitted model to predict total wealth (tw) in US dollars
Write up a paper, up to 20 pages (not including the code), 11 size font, and 1.5 spacing
○ Introduction
■ Briefly state the objectives of the study
○ Statistical analyses
■ Describe how you apply the tools you have learned from this course to perform the prediction task ■ You should try different methods and compare their prediction performance and interpretability
○ Conclusions
■ Summarize what you have discovered from this project
■ (Optional) Discuss caveats to the conclusions drawn from your analyses
Bonus points
o We kept 20% of the sample on which we are going to run your proposed model and method. We will rank the students by accuracy of the prediction on that 20% of the sample.