Category |
Assignment |
Subject |
Computer Science |
University |
University of East London |
Module Title |
SG4011 Business Statistics and Data Analysis |
Introduction
Individual Assignment— Business Statistics and Data Analysis
Details of the task
Background:
You are thinking of investing in the UK stock market; you know that different factors can impact the stock prices and you are particularly interested in finding out if there is a significant relationship between Stock price and Inflation, and Stock price and Bitcoin price; so that you can predict the Stock prices based on the movements of these variables (Inflation & Bitcoin price).
Use the provided data set, perform appropriate analysis, and write a report of 2000 words based on your analysis. To write your report and justify the findings, you are encouraged to refer to 3 to 5 related peer-reviewed academic journal articles as well as textbooks.
Your report should contain the following:
- Abstract (No more than 50 words)
- Introduction
- Analysis and Discussion, which should also be organised under appropriate headings*
- Conclusion
- References
In the Analysis and Discussion section of the report, you are required to
- Report the descriptive statistics (summary statistics) for each variable (Stock price, Inflation, and Bitcoin price).
- Plot a time series graph for each variable (Stock price, Inflation, and Bitcoin price) and provide a summary of the movement of the variables in the period of the study.
- Plot scatter graphs of Stock price against Inflation, and Bitcoin price and explain the graphs (TWO scatter graphs should be reported; in first scatter graph, Y-axis is Stock price and X-axis is Inflation and the second scatter graphs Y-axis is Stock price and X-axis is Bitcoin price).
- Calculate the correlation between Stock price, Inflation, Stock price, and Bitcoin price and report your findings. Justify your results with the scatter graphs in part c.
- Calculate the equation of the regression line between Stock price, Inflation, Stock price, and Bitcoin price; then critically discuss regression analysis results based on P-Values and Coefficients. (TWO regression lines should be reported; in the first regression line, the dependent variable is Stock price and the independent variable is Inflation, and in the second regression line, the dependent variable is Stock price and the independent variable is Bitcoin price).