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For StatesPovertyIndex.xlsx state data, develop a spatial economic index for the 50 states as a function of poverty percentage, unemployment percentage, median house income, education
For StatesPovertyIndex.xlsx state data, develop a spatial economic index for the 50 states as a function of poverty percentage, unemployment percentage, median house income, education percentage, and total exports. You are expected to conduct the following:
- Exploratory Data Analysis.
- Spatial Auto-correlation of the response variable and key predictors: a) Global, b) Local, c) Semi-variogram
- Use one interpolation for your main independent and dependent variables.
- Provide a cluster analysis.
- Establish which is the best regression (OLS or spatial, and which one) for the dataset, and indicate the specification and final model coefficients.
StatesPovertyIndex.xlsx Download StatesPovertyIndex.xlsx
Name | PovertyPct | UnemploymentPct | MedianHouseholdIncome | FIPS | EducationPct | EducationPct_Urban | TotalExports1Million |
Alabama | 16.8 | 3.0 | $49,881 | 01000 | 24.93 | 27.98 | 1,348.8 |
Alaska | 11.1 | 6.1 | $74,912 | 02000 | 29.23 | 31.83 | 16.6 |
Arizona | 14.1 | 4.7 | $59,079 | 04000 | 28.88 | 29.55 | 1,466.7 |
Arkansas | 16.8 | 3.5 | $47,094 | 05000 | 22.59 | 26.79 | 3,013.5 |
California | 12.8 | 4.0 | $75,250 | 06000 | 33.25 | 33.49 | 23,304.9 |
Colorado | 9.7 | 2.8 | $71,949 | 08000 | 40.15 | 41.42 | 1,866.3 |
Connecticut | 10.3 | 3.7 | $76,366 | 09000 | 38.94 | 39.16 | 276.3 |
Delaware | 12.2 | 3.8 | $65,467 | 10000 | 31.40 | 31.40 | 263.5 |
Florida | 13.7 | 3.1 | $55,433 | 12000 | 29.17 | 29.69 | 3,146.3 |
Georgia | 14.5 | 3.4 | $58,634 | 13000 | 30.65 | 33.72 | 2,865.0 |
Hawaii | 9 | 2.7 | $80,527 | 15000 | 32.48 | 33.19 | 307.9 |
Idaho | 11.7 | 2.9 | $55,524 | 16000 | 26.92 | 29.07 | 2,076.1 |
Illinois | 12.1 | 4.0 | $65,063 | 17000 | 34.07 | 36.20 | 8,488.3 |
Indiana | 13 | 3.3 | $55,725 | 18000 | 25.91 | 28.66 | 4,649.5 |
Iowa | 11.2 | 2.7 | $60,071 | 19000 | 28.20 | 33.93 | 10,646.9 |
Kansas | 11.9 | 3.2 | $58,150 | 20000 | 32.89 | 38.17 | 4,881.7 |
Kentucky | 16.7 | 4.3 | $50,189 | 21000 | 23.62 | 29.24 | 2,221.5 |
Louisiana | 18.7 | 4.8 | $48,021 | 22000 | 23.73 | 25.45 | 1,443.2 |
Maine | 11.6 | 3.0 | $55,579 | 23000 | 30.92 | 35.22 | 247.2 |
Maryland | 9.1 | 3.6 | $83,076 | 24000 | 39.63 | 39.99 | 668.8 |
Massachusetts | 10 | 2.9 | $79,817 | 25000 | 42.91 | 42.96 | 206.1 |
Michigan | 14 | 4.1 | $56,640 | 26000 | 28.60 | 30.40 | 2,827.0 |
Minnesota | 9.6 | 3.2 | $70,295 | 27000 | 35.45 | 39.44 | 6,942.7 |
Mississippi | 19.8 | 5.4 | $44,740 | 28000 | 21.82 | 25.99 | 1,935.6 |
Missouri | 13.2 | 3.3 | $54,412 | 29000 | 28.63 | 32.67 | 3,938.5 |
Montana | 12.9 | 3.5 | $55,248 | 30000 | 31.20 | 33.48 | 1,196.0 |
Nebraska | 11 | 3.9 | $58,740 | 31000 | 31.33 | 36.53 | 6,802.3 |
Nevada | 13.1 | 2.5 | $75,322 | 32000 | 24.25 | 24.97 | 137.1 |
New Hampshire | 7.6 | 3.6 | $81,777 | 33000 | 36.49 | 38.35 | 85.0 |
New Jersey | 9.5 | 4.9 | $47,405 | 34000 | 38.89 | 38.89 | 544.3 |
New Mexico | 18.8 | 4.0 | $67,648 | 35000 | 27.12 | 30.71 | 751.5 |
New York | 13.7 | 3.9 | $53,922 | 36000 | 35.93 | 36.96 | 1,459.1 |
North Carolina | 14.1 | 2.4 | $65,250 | 37000 | 30.50 | 33.72 | 3,470.4 |
North Dakota | 10.6 | 4.1 | $56,155 | 38000 | 29.45 | 35.90 | 4,245.9 |
Ohio | 13.8 | 3.3 | $51,914 | 39000 | 27.79 | 30.55 | 3,682.4 |
Oklahoma | 15.5 | 3.7 | $63,168 | 40000 | 25.18 | 28.02 | 1,810.0 |
Oregon | 12.5 | 4.4 | $60,891 | 41000 | 32.90 | 35.54 | 2,006.9 |
Pennsylvania | 12.2 | 3.6 | $63,787 | 42000 | 30.77 | 32.49 | 2,056.5 |
Rhode Island | 12.8 | 2.8 | $52,449 | 44000 | 33.27 | 33.27 | 34.5 |
South Carolina | 15.2 | 3.3 | $57,041 | 45000 | 27.41 | 29.20 | 864.2 |
South Dakota | 12.9 | 3.4 | $52,366 | 46000 | 28.48 | 31.71 | 3,560.4 |
Tennessee | 15.2 | 3.5 | $60,632 | 47000 | 26.62 | 29.98 | 1,471.6 |
Texas | 14.9 | 2.6 | $71,381 | 48000 | 29.30 | 30.91 | 6,883.2 |
Utah | 9.1 | 2.4 | $60,917 | 49000 | 33.26 | 34.02 | 430.0 |
Vermont | 10.7 | 2.8 | $72,600 | 50000 | 37.32 | 43.97 | 187.3 |
Virginia | 10.7 | 4.3 | $74,023 | 51000 | 38.16 | 41.31 | 1,094.1 |
Washington | 10.3 | 4.9 | $44,038 | 53000 | 35.25 | 36.39 | 3,614.5 |
West Virginia | 17.4 | 3.3 | $60,779 | 54000 | 20.26 | 22.94 | 160.3 |
Wisconsin | 11.1 | 3.6 | $62,259 | 55000 | 29.52 | 32.57 | 2,979.5 |
Wyoming | 10.7 | 3.9 | $60,780 | 56000 | 26.89 | 25.94 | 339.4 |
Extract long & lat from here https://developers.google.com/public-data/docs/canonical/states_csv.
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