Project Plan Scope: This project will explain the concept of regression analysis and show how it can be used in the real life applications. Motivations: To be more familiar with this very useful concept. To be able to use it in the real life applications, including my future career. To try implementing its techniques to choose a better alternative like investment opportunities.
Project Plan Goal: understanding of regression analysis and find out how and when it can be used to analyze a particular situation.
Project Plan Description: a.Strategy: Search the concept of regression analysis and get the basic idea that allows us to use it as an analyzing tool. Then, search for a practical example that uses regression analysis, this will enforce our understanding and pint out the benefits of the analysis. b.Objective: Find out what the regression analysis is all about and in which cases it is a viable option. c.Resource requirements: textbooks, papers, professional web sites, and PC.
Project Plan Product: A guide that explain the concept of the regression analysis and support that by a real life example that shows the reader how such type of analysis is used and what benefits could be obtained. Benefits: To get the reader and I what the regression analysis is all about. To know why this analysis is used in many different disciplines
Master Schedule TaskPlanned effort (Hours) Due date The project plan516 Jan Collecting resources (books/papers..)3-521 July Prepare the theoretical background (reading/understanding/ writing) July Search a practical example that shows the insight of regression analysis July First draft of the report4-614 July Review and final report3-516 July Project presentation5-720 July Total hours45-59