Question
I have the following data (74 entries) What is the process and its operators, in RapidMiner, to conduct an exploratory analysis (Correlation and Regression) of
I have the following data (74 entries)
What is the process and its operators, in RapidMiner, to conduct an exploratory analysis (Correlation and Regression) of the relationship between the president's political party affiliation and this commodity's Producer Price Index value which is averaged over each year annually?
I also have the PPI values quarterly and monthly for the same years which will need to be assessed using the same process.
RapidMiner is a paid software but a free version is available to students unless you have it and are experienced with it, you may not be able to aid with this question.
Years (after inauguration) | President | Party | PPI Observation Date | PPI_YrAvg |
1947 | Harry S. Truman | Democrat | 1/1/1947 | 22.5 |
1948 | Harry S. Truman | Democrat | 1/1/1948 | 25.5 |
1949 | Harry S. Truman | Democrat | 1/1/1949 | 27.4 |
1950 | Harry S. Truman | Democrat | 1/1/1950 | 28.4 |
1951 | Harry S. Truman | Democrat | 1/1/1951 | 33.2 |
1952 | Harry S. Truman | Democrat | 1/1/1952 | 32.1 |
1953 | Dwight D. Eisenhower | Republican | 1/1/1953 | 31.9 |
1954 | Dwight D. Eisenhower | Republican | 1/1/1954 | 31.9 |
1955 | Dwight D. Eisenhower | Republican | 1/1/1955 | 33.6 |
1956 | Dwight D. Eisenhower | Republican | 1/1/1956 | 35.7 |
1957 | Dwight D. Eisenhower | Republican | 1/1/1957 | 36.5 |
1958 | Dwight D. Eisenhower | Republican | 1/1/1958 | 36.5 |
1959 | Dwight D. Eisenhower | Republican | 1/1/1959 | 35.7 |
1960 | Dwight D. Eisenhower | Republican | 1/1/1960 | 35.5 |
1961 | John F. Kennedy | Democrat | 1/1/1961 | 37.5 |
1962 | John F. Kennedy | Democrat | 1/1/1962 | 37.5 |
1963 | Lyndon B. Johnson | Democrat | 1/1/1963 | 37.6 |
1964 | Lyndon B. Johnson | Democrat | 1/1/1964 | 37.9 |
1965 | Lyndon B. Johnson | Democrat | 1/1/1965 | 39.5 |
1966 | Lyndon B. Johnson | Democrat | 1/1/1966 | 39.5 |
1967 | Lyndon B. Johnson | Democrat | 1/1/1967 | 39.4 |
1968 | Lyndon B. Johnson | Democrat | 1/1/1968 | 40.9 |
1969 | Richard M. Nixon | Republican | 1/1/1969 | 42.2 |
1970 | Richard M. Nixon | Republican | 1/1/1970 | 46.2 |
1971 | Richard M. Nixon | Republican | 1/1/1971 | 47.4 |
1972 | Richard M. Nixon | Republican | 1/1/1972 | 48.4 |
1973 | Richard M. Nixon | Republican | 1/1/1973 | 49.2 |
1974 | Gerald Ford | Republican | 1/1/1974 | 53.2 |
1975 | Gerald Ford | Republican | 1/1/1975 | 59.7 |
1976 | Gerald Ford | Republican | 1/1/1976 | 62.3 |
1977 | Jimmy Carter | Democrat | 1/1/1977 | 67.5 |
1978 | Jimmy Carter | Democrat | 1/1/1978 | 72.8 |
1979 | Jimmy Carter | Democrat | 1/1/1979 | 80.5 |
1980 | Jimmy Carter | Democrat | 1/1/1980 | 88.7 |
1981 | Ronald Reagan | Republican | 1/1/1981 | 96.9 |
1982 | Ronald Reagan | Republican | 1/1/1982 | 100.0 |
1983 | Ronald Reagan | Republican | 1/1/1983 | 110.0 |
1984 | Ronald Reagan | Republican | 1/1/1984 | 115.9 |
1985 | Ronald Reagan | Republican | 1/1/1985 | 123.5 |
1986 | Ronald Reagan | Republican | 1/1/1986 | 126.3 |
1987 | Ronald Reagan | Republican | 1/1/1987 | 125.0 |
1988 | Ronald Reagan | Republican | 1/1/1988 | 130.2 |
1989 | George Bush | Republican | 1/1/1989 | 136.4 |
1990 | George Bush | Republican | 1/1/1990 | 133.4 |
1991 | George Bush | Republican | 1/1/1991 | 138.9 |
1992 | George Bush | Republican | 1/1/1992 | 138.3 |
1993 | Bill Clinton | Democrat | 1/1/1993 | 139.5 |
1994 | Bill Clinton | Democrat | 1/1/1994 | 140.3 |
1995 | Bill Clinton | Democrat | 1/1/1995 | 144.3 |
1996 | Bill Clinton | Democrat | 1/1/1996 | 143.1 |
1997 | Bill Clinton | Democrat | 1/1/1997 | 142.8 |
1998 | Bill Clinton | Democrat | 1/1/1998 | 144.1 |
1999 | Bill Clinton | Democrat | 1/1/1999 | 144.2 |
2000 | Bill Clinton | Democrat | 1/1/2000 | 144.9 |
2001 | George W. Bush | Republican | 1/1/2001 | 143.9 |
2002 | George W. Bush | Republican | 1/1/2002 | 144.3 |
2003 | George W. Bush | Republican | 1/1/2003 | 145.2 |
2004 | George W. Bush | Republican | 1/1/2004 | 148.9 |
2005 | George W. Bush | Republican | 1/1/2005 | 162.5 |
2006 | George W. Bush | Republican | 1/1/2006 | 171.5 |
2007 | George W. Bush | Republican | 1/1/2007 | 198.7 |
2008 | George W. Bush | Republican | 1/1/2008 | 250.3 |
2009 | Barack Obama | Democrat | 1/1/2009 | 248.9 |
2010 | Barack Obama | Democrat | 1/1/2010 | 261.6 |
2011 | Barack Obama | Democrat | 1/1/2011 | 297.9 |
2012 | Barack Obama | Democrat | 1/1/2012 | 304.5 |
2013 | Barack Obama | Democrat | 1/1/2013 | 315.4 |
2014 | Barack Obama | Democrat | 1/1/2014 | 323.4 |
2015 | Barack Obama | Democrat | 1/1/2015 | 338.6 |
2016 | Barack Obama | Democrat | 1/1/2016 | 345.5 |
2017 | Donald Trump | Republican | 1/1/2017 | 341.6 |
2018 | Donald Trump | Republican | 1/1/2018 | 358.3 |
2019 | Donald Trump | Republican | 1/1/2019 | 362.2 |
2020 | Donald Trump | Republican | 1/1/2020 | 369.9 |
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