Question
Please help me to find an idea for the following project Project 2 Select an industry and companies within that industry that you would like
Please help me to find an idea for the following project
Project 2
Select an industry and companies within that industry that you would like to
analyze. Using the IMPACT cycle framework, address the following:
(1) Identify your question (for example, if you choose the technology industry,
you may be interested in asking the following question: Do the fastest
growing companies in the technology industry have higher research and
development expense, higher price-to-earnings ratios, lower debt-to-equity,
etc.)
(2) Master the data - find the source of data to answer your question (you may
want to consider calling the Yahoo Finance API for market/stock prices; the
SEC financial data set using XBRL data; XBRL US's API to call XBRL data; or
Compustat data)
(3) Perform the Test Plan - discuss which model is the most appropriate
(regression, classification, clustering, filtering etc)
(4) Address and refine results - provide descriptive statistics of the data you
collected; discuss any outliers or missing data you observe; run your model
using Stata/R/Python/Excel.
(5) Communicate insights - Provide a summary discussion of your results (for
example, if it is a regression, interpret the significance of each variable in the
regression). Consider using data visualization to communicate some key
findings (for example, to showcase outliers, or clustering of the data)
(6) Track outcomes - for example, discuss how frequently this analysis should be
performed and how trends may have structural shifts over time.
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