R Problem Set: #Work with the inbuilt dataset "Cars" View(cars) This will show you the dataset...

R Problem Set:

#Work with the inbuilt dataset "Cars"
View(cars)

This will show you the dataset on 2 variables speed and distance.

?cars

This will explain what the variables mean.

#Q1) Describe the dataset. What are the main findings?
#Q2) Design a relevant question to model using linear regressions
#Q3) Run the regression and report the std error, t-stat, p value and f stat.
#Q4) Is this a valid regression? Is the normality assumption justified? Show clearly.
#Q5) Are there any ouliers in the data? How do the observations influence the results?
#Q6) Write a 3-5 lines summary of what you conclude from this exercise

Please submit a clear pdf document showing all your results. Also, attach a copy of your code.

Expert Solution

orchestra answered 1 year ago

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