Project 4 – Regression Analysis – Predicting Price from Wine Ratings
Imagine that you are working as aConsultant for the E & J Gallo Winery Company.Your analysis will focus on wines priced at $100 or less. Each bottle of wine has both a price and a rating. The ratings range from 1 –100; higher ratings mean better wine. The management at Gallo has asked you to provide descriptive statistics and to complete a regression analysis todetermine how a wine’s ranking influences its price and then provide a recommendation based on your findings. The final deliverable for this assignment will be an Analytics Report.
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