Descriptive analysis project
$30-250 USD
Paid on delivery
I am looking for a data analyst to help with a descriptive analysis project. The ideal candidate should have experience in developing decision trees using precision tree.
Specifics:
- Type of Data Analysis: Statistical analysis, textual analysis, and visual analysis
- Dataset: The client already has a specific dataset in mind
- Desired Outcome: The analysis should inform decision-making
Skills and Experience:
- Proficiency in precision tree and decision tree development
- Experience in statistical analysis, textual analysis, and visual analysis
- Strong analytical skills to identify trends and predict future outcomes
- Ability to effectively communicate and present findings to inform decision-making
If you have the skills and experience required for this project, please submit your proposal.
ACTUAL INFORMATION FOR THE PROJECT:
In a summer plagued by drought and heat, many Southern crops are withering in the field. Some farmers are continuing to nurture their crops and hope for the best. Others have given up hope and decided to plow their crops under. Farmers already have $50/acre invested in seed, fertilizer, and labor. Continuing to nurture the crops will require another $15/acre. Abandoning the crops will cost nothing additional. The outcome will depend on the weather. Meterologists predict a 70% chance of favorable weather conditions and a 30% chance of unfavorable conditions. If conditions are good, farmers can expect revenue of $26/acre. If they are bad, even though the farmer has continued to nurture the crops, they can expect revenue of $12/acre.
Your high school friend and current farmer, Mike McDonald, has asked you to analyze the situation and prepare a report advising him of what he should do. The information for the project should include the following:
Develop a decision tree for the problem using Precision Tree and use and explain it in a report
What is the EMV of the tree?
What decision should the farmer take, based on EMV?
How much would the probability of favorable weather conditions have to change to alter recommended decision, holding all other information constant? Show a sensitivity analysis that spans this value.
How much would the revenue per acre change to alter recommended decision, holding all other information constant? Show a sensitivity analysis that spans this value.
What other considerations might Mikey need to take into account in making this decision?
I need to upload a spreadsheet and a report for Mike McDonald. Here are some hints to keep in mind:
Consider the nature of sunk costs
Consider that when you vary the probability of good weather, its complement must also vary
Consider that this is a very simple problem where you could sensitivity test the decision using either spreadsheet modeling or PrecisionTree.
You can copy the image of your tree for pasting into your report using these steps:
right click the decision node
choose "Tools" from the resulting menu
select "Copy Tree to Clipboard"
select "Entire Tree"
Project ID: #36855671
About the project
19 freelancers are bidding on average $94 for this job
Top 1% in Freelancer.com Hi, Greetings! ✅checked your project details: ✅Completed Time: In project deadline We have worked on 900 + Projects. I have 6 + years of the experience in same kind of projects. If you are look More
I have read and understood all your project details "Descriptive analysis project" and I feel my self the best candidate to complete this project with 100 percent accuracy. I have vast amount of experience in this in More
I have read and understood the details of this project "Descriptive analysis project". I am a Highly-Qualified & Skilled ACADEMIC WRITER with more than 10-Years of experience. In last 10 years, I have served more th More
----------------- Hey, I'm interested in your project. Please send me a message so that we can discuss more. ----------------------------
Descriptive analysis project My name is "Usama Safdar" and I am a Ph.D degree holder which means I am highly-capable to tackle this project "Content Editor " with 100 percent accuracy. I am a professional writer wi More
Descriptive analysis project Hi, I am a Chartered Financial Analyst who is working in a reputable accounting firm for the past 3 years, thus having great experience of these subjects in the practical world. Now, I am More
Hi, I have seen your your project details and I am the "BEST CANDIDATE" for this job "Descriptive analysis project". I am an experienced Engineer & Mathematician with more than 8 years of experience who can provide y More
I’m happy that I have your attention, even if it’s only for a little while, so I won’t waste your time…let’s get into it. I checked out the project info and I am excited to help you with your data analysis! I'm a cert More
With my master's degree in Finance and Applied Econometrics, I possess the necessary skills and experience to successfully complete this project. I have extensive experience in developing decision trees using Precisio More
Hello Mike, My name is Debbie and I'm excited to help you with your project. I have extensive experience in data analysis, specifically in the area of statistical analysis, textual analysis, and visual analysis. I ha More
Dear SJIM57757, I hope this message finds you well. I have carefully read the project requirements for the descriptive analysis project and I believe I am the perfect fit for this project. With over 6 years of experie More
I am perfectly fit for this project. I can do this within the timeframe. Please hire me and i will show you what i'm capable of. Thank you for your consideration.
Hey, I'm a freelance copywriter, copy typing and other content writing. I am also used to making meeting reports as well as travel reports and research reports. I can rewrite from .pdf to word or vice versa. Please lea More
I am a surgery resident with over 21 published articles in both international and local journals. I execute tasks meticulously and deliver projects promptly I will be of great service to you.
