### Important: see the HW 7 README for details.# QUESTION 0 --- call in the data.# CG Q0a # Read the data file ames2009.csv into R########## and name the object ames. Use strings =...

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### Important: see the HW 7 README for details.








# QUESTION 0 --- call in the data.












# CG Q0a # Read the data file ames2009.csv into R










########## and name the object ames. Use strings = T.





ames <->(


"ames2009.csv"


,


strings =

T


)












# CG Q0b # Use str() on the ames data frame to inspect.





str(ames)












# QUESTION 1 --- Confidence interval for the mean.












# CG Q1a # Use the mean() function to compute the








########## average sales price for a home in the dataset.








########## Name the object xbar and print xbar in one line of code.





xbar <->(ames$SalePrice)





print(xbar)












# CG Q1b # Use the sd(), sqrt(), and nrow() functions










########## to compute the standard error for the average










########## sales price for a home in the dataset.








########## Name the object se and print se in one line of code.





se <->(ames$SalePrice)


/ sqrt(nrow(ames))





print(se)












# CG Q1c # Use xbar and se to compute a 95% CI for the average










########## sales price of a home in Ames, Iowa. Use 1.96 for the cirtical value.





lower <- xbar="">

1.96


* se



upper <- xbar="">

1.96


* se










# QUESTION 2 --- Uncertainty quantification for a regression coefficient












########## Use the code below to regress log sales price










########## onto all other variables except Neighborhood





fit <->(log(SalePrice)


~ .-Neighborhood,


data=ames)












########## Use the code below to store and print the statistics










########## for the central air coefficient.








(bstats <->(fit)$coef[


"Central.AirY"


,])












# CG Q2a # Use the code below to print the p-value for the central air coefficient.





bstats[


"Pr(>|t|)"


]








########## Based on the p-value, is this predictor significant?








########## Use paste("Y") or paste("N") to indicate your answer.








(


"Y"


)












# CG Q2b # Use info from bstats and a 1.96 critical value in a










########## single line of code to compute a 95% CI for










########## the effect of central air on log sales price.














# QUESTION 3 --- UQ for regression prediction












# CG Q3a # Create an object called nd that is the 1st row








########## in the ames data frame.





nd <->[


1


,]












# CG Q3b # Use the predict() function to make a prediction








########## of log sales price and get the standard errors










########## for the first home in the ames data frame.








########## Name this object pred.





fit <->(log(SalePrice)


~ .-Neighborhood,


data = ames)





pred <->(fit,


newdata = nd,


se.fit =

T


)





se_pred <->



print(se_pred)












# CG Q3c # Use pred and a 1.96 critical value to










########## compute a 95% CI for the predicted log sales price








########## for the first home in the ames data frame.












# CG Q3d # Wrap the line of code from Q3c in the exp() function








########## to get a 95% CI for the predicted sales price.












# QUESTION 4 --- Bootstrap












# CG Q4a # Run the following code to bootstrap the predicted price










########## of the first home in the ames data frame.





getPrice <>

function


(data,


obs,


xpred){








fit <->(log(SalePrice)


~ .-Neighborhood,


data=data[obs,])








return


(exp(predict(fit,newdata=xpred)))








}












library


(parallel)








library


(boot)





set.seed(


1


)








(priceBoot <->(ames,


getPrice,


xpred=ames[


1


,],








2000


,


parallel="snow"


,


ncpus=detectCores())


)












# CG Q4b # Use the quantile() function to get a 95% CI








########## for the predicted sales price for the first home.





CI_boot <->(priceBoot$t,


c(


0.025


,


0.975


))





print(CI_boot)












# CG Q4c # Use the quantile() function to get a bias corrected 95% CI








########## for the predicted sales price for the first home.





Answered Same DayApr 06, 2023

Answer To: ### Important: see the HW 7 README for details.# QUESTION 0 --- call in the data.# CG Q0a #...

Subhanbasha answered on Apr 06 2023
34 Votes
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