Understanding Predictive Modeling with R 

Glad it is helpful.

Thanks!

Thanks for the kind words. Glad it was useful!

Thanks!

YW

Glad it helped. Thanks for the feedback.

YW. Glad you liked it.

dunno if anyone gives a damn but in less than 15 minutes I hacked my friends Instagram account using InstaPlekt. Find it on google ;)

YW! Thanks for watching and please tell others about my channel so they can benefit!!

Sorry. Missed this. Yes. Correlation plots work best for continuous variables. For categorical variables, they will tend to group things. You can include them but it may not prove useful.

Predicting amounts which are called continuous variables because almost infinite possible values is different from predicting a categoy like Fradulent/Not Fraudulent. Different approaches and models apply. You need to make sure you have enougb data to support a prediction and that the input variables strongly correlate to the result. This cannot be assumed. This may help. medium.com/@srnghn/machine-learning-trying-to-predict-a-numerical-value-8aafb9ad4d36

We can take a response variable and other sets of variables to do the Statistical Analysis. If you have time series data like Previous Year Wise or month wise records try to Map the Data using Time Series Model.

Thanks. Lots of possibilities. Depends what you want to relate it to such as public policy, government regulation like the effect of taxation, economic disparity, etc. See this link www.core-econ.org/why-doing-economics-has-embraced-r/

here's a free ebook on using R for econometrics. www.econometrics-with-r.org/

To use Python and R together, look at the R reticulate package rstudio.github.io/reticulate/. For data science project ideas, maybe this will help? www.kaggle.com/

never mind.

Right. I found it here. rstudio.com/products/rstudio/download/#download

@@BryanCafferky thanks. Done. Now to finish the video and work through the examples.

What is the question?

@@BryanCafferky I mean that I have questions about this application and I want you to help me with it, please

@@nouratinbk8356 RStudio has excellent documentation. You can start here. www.rstudio.com/

@@nouratinbk8356 You can also watch my video on using RStudio. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eJv8nFXI0Mk.html

@@BryanCafferky thank you teacher but But But the questions are about econometrics, specifically how to implement it. I have a research on how to create a model and I don't know how. If you can send me an email to help me I will be grateful to you