ECON 178 De Anza Prediction Model to Predict Total Wealth in US Dollars R Program

Build a prediction/fitted model to predict total wealth (tw) in US dollars

Write up a paper, up to 20 pages (not including the code), 11 size font, and 1.5 spacing

? Introduction
? Briefly state the objectives of the study

? Statistical analyses
? Describe how you apply the tools you have learned from this course to perform the prediction task? You should try different methods and compare their prediction performance and interpretability

? Conclusions
? Summarize what you have discovered from this project
? (Optional) Discuss caveats to the conclusions drawn from your analyses

Bonus points

o We kept 20% of the sample on which we are going to run your proposed model and method.We will rank the students by accuracy of the prediction on that 20% of the sample.