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In: Statistics and Probability

Analysis 1: Can the amount of money spent on security controls (cost_controls_v2) be predicted by the...

Analysis 1: Can the amount of money spent on security controls (cost_controls_v2) be predicted by the number of people impacted by the data breach (num_people_v2)? p = 0.007043201

Analysis 2: Is the percent of sensitive data breached (per_sensitive_v2) a significant predictor of the amount of money spent on security controls (cost_controls_v2)? p = 9.90006e-05

Analysis 3: Is the amount of money spent on security controls (cost_controls_v2) impacted by the number of days it takes to detect the breach (dys_detect_v2)? p = 0.181478

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Analysis 1: Can the amount of money spent on security controls (cost_controls_v2) be predicted by the number of people impacted by the data breach (num_people_v2)? p = 0.007043201

Answer: Yes, the amount of money spent on security controls (cost_controls_v2) can be predicted by the number of people impacted by the data breach (num_people_v2) because the p-value is 0.0070 which is very small (less than the significance level). Therefore, there exists a significant relationship between the two variable and cost_controls_v2 can be predicted by the num_people_v2

Analysis 2: Is the percent of sensitive data breached (per_sensitive_v2) a significant predictor of the amount of money spent on security controls (cost_controls_v2)? p = 9.90006e-05=0.0000990006

Answer: Yes, the percent of sensitive data breached (per_sensitive_v2) is a significant predictor of the amount of money spent on security controls (cost_controls_v2) because the p-value is 0.0001 which is very small (less than the significance level). Therefore, there exists a significant relationship between the two variable and per_sensitive_v2 is a significant predictor of cost_controls_v2

Analysis 3: Is the amount of money spent on security controls (cost_controls_v2) impacted by the number of days it takes to detect the breach (dys_detect_v2)? p = 0.181478

Answer: No, the amount of money spent on security controls (cost_controls_v2) is not impacted by the number of days it takes to detect the breach (dys_detect_v2) because the p-value is 0.1815 which is greater than the significance level. Therefore, there does not exist a significant relationship between the two variables and cost_controls_v2 is not impacted by dys_detect_v2

orchestra answered 1 year ago
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