R Problem Set:
#Work with the inbuilt dataset \"Cars\"
View(cars)
This will show you the dataset on 2 variables speed anddistance.
?cars
This will explain what the variables mean.
#Q1) Describe the dataset. What are the main findings?
#Q2) Design a relevant question to model using linearregressions
#Q3) Run the regression and report the std error, t-stat, p valueand f stat.
#Q4) Is this a valid regression? Is the normality assumptionjustified? Show clearly.
#Q5) Are there any ouliers in the data? How do the observationsinfluence the results?
#Q6) Write a 3-5 lines summary of what you conclude from thisexercise
Please submit a clear pdf document showing all your results.Also, attach a copy of your code.