To create a good project follow these steps:
Step 1) Decide what is going to be your dependent variable. As you already know, the dependent variable is the variable that you want to predict or you want to estimate it on average. In both cases, you have two options to go for. Either pick a numerical dependent variable or a binary (two level categorical variable such as Yes/No or 0/1) dependent variable.
Example1: Numerical: Monthly sales of a company
Example2: students grade with two levels of good or bad
Step 2) Find predictor or explanatory variables that you think might have a relationship with the dependent variable. You need at least 4 predictors for this project.
Example 1: number of products offered, products price, incentives, competitors prices, time of the year,
Example 2: study time, number of books offered, age, employment status,
Step 3) Use week 2 lecture to create some summary statistics and some graphs to get more information about your data. (This s