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Excel Data: USERS PEDESTRIANS CARS IN_BANK DF_BANK DF_SAME_ATM DF_DIFF_ATM POP AVG_INC VIOLENT LOCATION 3038 461 3124 1 0 4.4 4.8 4000 54000 2 RESIDENTIAL 1531
Excel Data:
USERS | PEDESTRIANS | CARS | IN_BANK | DF_BANK | DF_SAME_ATM | DF_DIFF_ATM | POP | AVG_INC | VIOLENT | LOCATION | |
3038 | 461 | 3124 | 1 | 0 | 4.4 | 4.8 | 4000 | 54000 | 2 | RESIDENTIAL | |
1531 | 1123 | 5186 | 0 | 0.7 | 0.4 | 0 | 13000 | 58000 | 19 | MALL | |
4500 | 2751 | 14392 | 0 | 1 | 1 | 1.7 | 14000 | 82000 | 6 | CAMPUS | |
3296 | 1206 | 5730 | 0 | 6.5 | 3.7 | 0.4 | 10000 | 68000 | 19 | BUSINESS | |
4759 | 2442 | 13473 | 0 | 4.7 | 2.9 | 0 | 13000 | 86000 | 7 | MALL | |
387 | 104 | 722 | 0 | 2.3 | 2.3 | 0 | 4000 | 43000 | 29 | MALL | |
2418 | 1701 | 11095 | 0 | 6.7 | 2.1 | 0.1 | 15000 | 65000 | 26 | RESIDENTIAL | |
2677 | 438 | 2430 | 0 | 6 | 4.6 | 0 | 5000 | 62000 | 24 | MALL | |
258 | 239 | 1878 | 0 | 0.8 | 0.8 | 0.7 | 5000 | 44000 | 22 | CAMPUS | |
2857 | 1395 | 7088 | 1 | 0 | 3.2 | 3.5 | 6000 | 67000 | 12 | RESIDENTIAL | |
1688 | 731 | 6245 | 0 | 4.2 | 3.5 | 0.6 | 6000 | 61000 | 33 | CAMPUS | |
600 | 453 | 2686 | 0 | 5.3 | 2.2 | 1.9 | 5000 | 78000 | 24 | CAMPUS | |
2516 | 502 | 4223 | 0 | 5.7 | 3.8 | 0 | 10000 | 37000 | 16 | MALL | |
4919 | 2185 | 10623 | 0 | 5.3 | 3.9 | 1.3 | 18000 | 75000 | 3 | CAMPUS | |
2402 | 1712 | 8104 | 0 | 1.4 | 1.4 | 0 | 10000 | 62000 | 20 | MALL | |
869 | 805 | 4372 | 0 | 6.2 | 0.9 | 0 | 16000 | 74000 | 21 | MALL | |
1196 | 657 | 4241 | 0 | 4.1 | 0.4 | 1.3 | 7000 | 60000 | 18 | BUSINESS | |
2699 | 899 | 5801 | 1 | 0 | 3.2 | 4.6 | 13000 | 70000 | 14 | CAMPUS | |
724 | 203 | 2238 | 0 | 3.5 | 3.5 | 0 | 3000 | 64000 | 36 | MALL | |
1118 | 224 | 1604 | 0 | 2.4 | 2.4 | 1.2 | 11000 | 65000 | 16 | BUSINESS | |
1393 | 609 | 3677 | 0 | 2.6 | 2.3 | 0.1 | 12000 | 47000 | 24 | BUSINESS | |
3609 | 819 | 5696 | 0 | 6.9 | 5 | 0.5 | 20000 | 64000 | 13 | CAMPUS | |
497 | 484 | 4775 | 0 | 4.1 | 1.3 | 2.2 | 18000 | 73000 | 13 | RESIDENTIAL | |
3695 | 1440 | 7501 | 0 | 6.9 | 4.2 | 1.4 | 10000 | 71000 | 6 | RESIDENTIAL | |
718 | 578 | 5664 | 0 | 6.9 | 0.8 | 0 | 14000 | 33000 | 37 | MALL | |
3532 | 2573 | 10718 | 0 | 0.4 | 0.4 | 1.5 | 11000 | 77000 | 7 | RESIDENTIAL | |
98 | 551 | 4095 | 0 | 2.6 | 0.5 | 0.4 | 11000 | 71000 | 34 | BUSINESS | |
3059 | 1099 | 5685 | 0 | 3.3 | 3.3 | 2.1 | 7000 | 63000 | 8 | CAMPUS | |
4351 | 2245 | 10071 | 0 | 3.2 | 3.2 | 0 | 15000 | 71000 | 14 | MALL | |
1909 | 693 | 6412 | 1 | 0 | 0.4 | 1.5 | 18000 | 58000 | 7 | BUSINESS | |
3925 | 2436 | 10656 | 1 | 0 | 1.3 | 2.9 | 16000 | 72000 | 15 | CAMPUS | |
951 | 745 | 5704 | 1 | 0 | 1.5 | 1.2 | 3000 | 63000 | 13 | RESIDENTIAL | |
2367 | 1341 | 8017 | 0 | 6.2 | 1.6 | 0 | 16000 | 66000 | 9 | MALL | |
870 | 781 | 4769 | 1 | 0 | 1.9 | 0 | 12000 | 55000 | 25 | MALL | |
225 | 259 | 2985 | 0 | 1.9 | 0.9 | 2.6 | 11000 | 84000 | 9 | RESIDENTIAL | |
772 | 670 | 3904 | 0 | 0.9 | 0.9 | 2.5 | 9000 | 51000 | 31 | CAMPUS | |
1263 | 737 | 3783 | 0 | 1.3 | 1.3 | 1.6 | 8000 | 77000 | 12 | CAMPUS | |
2105 | 626 | 3832 | 0 | 3.3 | 3.3 | 1.5 | 10000 | 49000 | 26 | BUSINESS | |
678 | 327 | 4360 | 1 | 0 | 1.7 | 1.3 | 4000 | 73000 | 7 | RESIDENTIAL | |
1067 | 594 | 6350 | 0 | 5.4 | 2.5 | 0.5 | 6000 | 59000 | 18 | RESIDENTIAL | |
2242 | 642 | 6107 | 0 | 5.4 | 4.4 | 2 | 19000 | 61000 | 51 | BUSINESS | |
2663 | 1819 | 8277 | 1 | 0 | 1.5 | 1.7 | 17000 | 68000 | 23 | BUSINESS | |
956 | 435 | 4186 | 0 | 6.5 | 2.5 | 0.8 | 4000 | 65000 | 28 | BUSINESS | |
4304 | 2158 | 9589 | 1 | 0 | 3.3 | 1.2 | 13000 | 51000 | 6 | CAMPUS | |
1200 | 1242 | 5562 | 0 | 0.3 | 0.3 | 2 | 10000 | 64000 | 26 | CAMPUS | |
2571 | 1052 | 6063 | 0 | 4.9 | 2.7 | 0.5 | 20000 | 84000 | 2 | BUSINESS | |
2310 | 1569 | 7198 | 0 | 4.9 | 1.2 | 0 | 13000 | 59000 | 11 | MALL | |
172 | 138 | 1075 | 0 | 0.5 | 0.5 | 0 | 4000 | 60000 | 12 | MALL | |
2232 | 1054 | 6707 | 0 | 1.1 | 1.1 | 2.3 | 17000 | 66000 | 5 | BUSINESS | |
3462 | 746 | 7441 | 1 | 0 | 3.9 | 0.1 | 3000 | 68000 | 6 | BUSINESS | |
1703 | 257 | 4224 | 1 | 0 | 3 | 4.9 | 15000 | 68000 | 14 | CAMPUS | |
2143 | 1186 | 5287 | 0 | 5.9 | 2.1 | 0 | 9000 | 79000 | 15 | MALL | |
1178 | 1061 | 5793 | 1 | 0 | 0.5 | 2.7 | 18000 | 58000 | 20 | RESIDENTIAL | |
2426 | 803 | 4886 | 0 | 3.3 | 3.2 | 1 | 10000 | 44000 | 12 | CAMPUS | |
1643 | 891 | 7584 | 0 | 1.7 | 1.7 | 3.2 | 12000 | 58000 | 9 | RESIDENTIAL | |
494 | 793 | 5968 | 0 | 0.1 | 0.1 | 1.5 | 10000 | 60000 | 33 | CAMPUS | |
3024 | 1577 | 7855 | 0 | 2.3 | 0.5 | 0.5 | 20000 | 50000 | 16 | BUSINESS | |
2123 | 716 | 5455 | 1 | 0 | 2.1 | 1.5 | 12000 | 54000 | 7 | BUSINESS | |
2437 | 1008 | 4672 | 1 | 0 | 4.1 | 1.7 | 12000 | 57000 | 25 | RESIDENTIAL | |
1497 | 600 | 3311 | 1 | 0 | 4 | 4.5 | 13000 | 60000 | 35 | RESIDENTIAL | |
5395 | 2773 | 15424 | 0 | 4.8 | 3.3 | 0 | 20000 | 55000 | 10 | MALL | |
3800 | 434 | 2407 | 0 | 6.7 | 5 | 1.4 | 3000 | 76000 | 4 | CAMPUS | |
4070 | 1636 | 9700 | 0 | 5.7 | 4.2 | 1.1 | 16000 | 67000 | 20 | BUSINESS | |
1390 | 928 | 5100 | 0 | 1 | 1 | 0.9 | 7000 | 55000 | 29 | BUSINESS | |
891 | 378 | 2106 | 0 | 5 | 1.2 | 1.4 | 3000 | 82000 | 12 | BUSINESS | |
418 | 377 | 4736 | 1 | 0 | 0.3 | 0 | 5000 | 66000 | 17 | MALL | |
2166 | 1554 | 6613 | 0 | 1.2 | 1.2 | 1.7 | 17000 | 50000 | 17 | CAMPUS | |
2644 | 1462 | 7002 | 0 | 6.5 | 2.8 | 0 | 13000 | 66000 | 15 | MALL | |
3315 | 2017 | 9322 | 0 | 5.6 | 2.5 | 4.2 | 13000 | 64000 | 22 | CAMPUS | |
4051 | 1507 | 7042 | 0 | 4.7 | 3.7 | 3.9 | 15000 | 62000 | 6 | CAMPUS | |
1101 | 315 | 2052 | 0 | 3.6 | 1.4 | 3.6 | 3000 | 60000 | 8 | CAMPUS | |
2280 | 1429 | 7907 | 0 | 2.7 | 0.1 | 2.2 | 8000 | 64000 | 16 | CAMPUS | |
3218 | 1436 | 9274 | 1 | 0 | 2.6 | 3.8 | 14000 | 80000 | 5 | CAMPUS | |
2617 | 214 | 2167 | 0 | 6.6 | 4.6 | 0 | 4000 | 64000 | 9 | MALL | |
2766 | 1055 | 6892 | 0 | 4.2 | 1.6 | 1.6 | 7000 | 74000 | 3 | BUSINESS | |
5488 | 2243 | 10437 | 0 | 5.6 | 4.6 | 3.2 | 16000 | 46000 | 16 | RESIDENTIAL | |
3863 | 1249 | 6794 | 1 | 0 | 4.5 | 3.9 | 14000 | 65000 | 11 | CAMPUS |
QUESTION:
Scenario You are working for a bank, planning ATM locations. To inform your planning, you are analyzing data for current ATMs, in hopes of learning the factors that make an ATM successful (i.e., highly used). You have been provided with a file (ATM.csv) with data for a number of existing ATMs. The variables in the file are: . USERS - the number of weekly users of the ATM. This is the variable that we are trying to predict. PEDESTRIANS and CARS The number of pedestrians and cars, respectively, that pass by the ATM on a weekly basis. IN_BANK - 1 if the ATM is located in a bank branch, 0 if not. DF_BANK, DF_SAME_ATM and DF_DIFF_ATM the distances (in km) from the closest branch of your bank, the next closest ATM for your bank, and the next closest ATM of a different bank, respectively. POP - The population in the immediate neighbourhood of the ATM. AVG_INC The average income of people in the neighbourhood. VIOLENT - The number of violent crimes committed in the neighbourhood in the last 6 months. . . Page 1 of 3 LOCATION - One of BUSINESS (business district of the town/city), CAMPUS, MALL, or RESIDENTIAL. Question 3 You suspect that there may be a non-linear relationship with distance-for any given distance, the area covered is a function of the square of distance. (Remember r??) Run another regression, keeping the degree 1 variables (i.e., the model from Question 1), and adding quadratic (degree 2) terms for each of the 'DF_' variables. a Is there evidence for any that any of these variables have a quadratic relationship with USERS? Explain your answer. Scenario You are working for a bank, planning ATM locations. To inform your planning, you are analyzing data for current ATMs, in hopes of learning the factors that make an ATM successful (i.e., highly used). You have been provided with a file (ATM.csv) with data for a number of existing ATMs. The variables in the file are: . USERS - the number of weekly users of the ATM. This is the variable that we are trying to predict. PEDESTRIANS and CARS The number of pedestrians and cars, respectively, that pass by the ATM on a weekly basis. IN_BANK - 1 if the ATM is located in a bank branch, 0 if not. DF_BANK, DF_SAME_ATM and DF_DIFF_ATM the distances (in km) from the closest branch of your bank, the next closest ATM for your bank, and the next closest ATM of a different bank, respectively. POP - The population in the immediate neighbourhood of the ATM. AVG_INC The average income of people in the neighbourhood. VIOLENT - The number of violent crimes committed in the neighbourhood in the last 6 months. . . Page 1 of 3 LOCATION - One of BUSINESS (business district of the town/city), CAMPUS, MALL, or RESIDENTIAL. Question 3 You suspect that there may be a non-linear relationship with distance-for any given distance, the area covered is a function of the square of distance. (Remember r??) Run another regression, keeping the degree 1 variables (i.e., the model from Question 1), and adding quadratic (degree 2) terms for each of the 'DF_' variables. a Is there evidence for any that any of these variables have a quadratic relationship with USERS? Explain yourStep by Step Solution
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