BASICS OF R PROGRAMMING

THE PURPOSE OF THIS ASSIGNMENT IS TO VERIFY THAT YOU HAVE SUCCESSFULLY DOWNLOADED AND INSTALLED R AND RSTUDIO IN YOUR COMPUTER. ALSO YOU WILL GAIN THE BASICS OF R PROGRAMMING THROUGH AN R PACKAGE CALLED SWIRL. FIRST DOWNLOAD AND INSTALL R AND RSTUDIO IN YOUR COMPUTER. THE FOLLOWING WEBSITE SHOWS THE INSTALLATION STEPS (STEPS 1 AND 2): HTTPS://SWIRLSTATS.COM/STUDENTS.HTML (LINKS TO AN EXTERNAL SITE.) COMPLETE THE FOLLOWING USING RSTUDIO: COPY AND PASTE ALL 13 + 1 SCREENSHOTS (ALONG WITH CURRENT DATE) INTO A WORD DOCUMENT.

PART 2 How does Gross Domestic Product (GDP) affect currency exchange rates? One way to answer such a question is by using regression analysis. Complete the following: Copy and paste the R outputs into a Word document and label each section clearly. If you take a screen shot make sure that it shows the current date. Additionally ensure you have answered all of the questions. Your well-written paper should be between 3-5 pages in length. Follow APA7 format. Requirements: answer all questions please INSTALL AND START THE FUNCTION SWIRL(). THIS IS STEPS 3 AND 4 FROM THE WEBSITE ABOVE. IN THE R CONSOLE TYPE SWIRL(). THIS WILL START THE SWIRL PACKAGE. WHEN PROMPTED TYPE YOUR NAME. THEN CHOOSE “2: NO. LET ME START SOMETHING NEW.” YOU SHOULD BE ABLE TO SEE 15 LESSONS. COMPLETE THE LESSONS 1-10 11 13 AND 15. COMPLETE EACH LESSON AND TAKE THE SCREENSHOT OF EACH LESSON SHOWING A 100% COMPLETION RATE. AFTER THE LAST LESSON TAKE THE SCREENSHOT OF CURRENT DATE IN R. YOU CAN USE THE FUNCTION DATE().

Download the dataset GDP.xls from the course website. Using R create a scatter plot for GDP vs. US/EUR. Comment on the relationship. Fit a linear regression model. How good is the fit of the model from part 3? Describe how you can predict US/EUR exchange rate?

INSTALL AND START THE FUNCTION SWIRL(). THIS IS STEPS 3 AND 4 FROM THE WEBSITE ABOVE.IN THE R CONSOLE TYPE SWIRL(). THIS WILL START THE SWIRL PACKAGE.WHEN PROMPTED TYPE YOUR NAME. THEN CHOOSE “2: NO. LET ME START SOMETHING NEW.” YOU SHOULD BE ABLE TO SEE 15 LESSONS.COMPLETE THE LESSONS 1-10 11 13 AND 15. COMPLETE EACH LESSON AND TAKE THE SCREENSHOT OF EACH LESSON SHOWING A 100% COMPLETION RATE. AFTER THE LAST LESSON TAKE THE SCREENSHOT OF CURRENT DATE IN R. YOU CAN USE THE FUNCTION DATE(). Download the dataset GDP.xls from the course website.Using R create a scatter plot for GDP vs. US/EUR. Comment on the relationship.Fit a linear regression model.How good is the fit of the model from part 3?Describe how you can predict US/EUR exchange rate?

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