[CUSTOM SOLUTION] Total Wealth

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.

 

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