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. Which wine are you ? Lucas ALBINET Julie MONTELS Maxence RAGOT ENAC April 8, 2016 Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

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Page 1: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

.

Which wine are you ?

Lucas ALBINET Julie MONTELS Maxence RAGOT

ENAC

April 8, 2016

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 2: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 3: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Introduction

Purpose : Estimate the average nb of glasses drinked perweek for an individual

Database : Use of ”Google form” / sample size n=365

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 4: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 5: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Correlation Matrix

Figure: Part of Correlation Matrix

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 6: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Correlation Matrix

Correlated Variables

AGE,STATUS,CHILDREN,EARNINGS,JOB SITUATION

AFRICA,ASIA,AMERICA,EUROPE

QUANTITY,CONSUMPTION FREQ

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 7: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Variables Table (1)

Variables - Description Name UnitsAge AGE YearsGender MALE 0..1Born in France FRANCEBIRTH 0..1Location (FR Region/Abroad) REGION 0..12Urban/Countryside CITY 0..1Sport practise freq. SPORT FREQUENCE 0..3Consuming wine CONSUMPTION 0..1Favorite type of wine FAVORITE 0..2Type of sellers PRODUCER 0..1- SUPERMARKET 0..1- SPECIALIZED SHOP 0..1- INTERNET EXIHIBITION 0..1Parents habits TRADITION 0..1

Table: Variables Tables - Part 1

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 8: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Variables Table (2)

Variables - Description Name UnitsOther drinked beverages BEER 0..1- STRONG ALCOHOL 0..1- CHAMPAGNE 0..1Oenology skills level KNOWLEDGE 1..4Max. wine bottle expenditure BUDGET 1..4Criterias of choice CRITERIAREGIONS 0..1- PRICE 0..1- TASTE 0..1- DESIGN 0..1Wine/Event NOCONNOTATION 0..1- GIFT 0..1- PARTY 0..1- FAMILYMEAL 0..1- CHILLING 0..1

Table: Variables Tables - Part 2

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 9: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Dependant Variable

Y

Y = QUANTITY (nb of glasses/w.)

Too hard to modelize our initial dummy variable : FAVORITE.

An other possible choice : CONSUMPTION FREQ (cf.correlations)

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 10: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 11: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Linear Regression - EViews

Notable Values

k = 48

R2 = 0.313947

R2

= 0.212230

Figure: Linear regression - Model 1

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 12: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Analysis

Too many ”insignificant parameters” to modelize itproperly.

Lack of precision.

⇒ Conclusion : We have to improve our choices to improveour model quality.

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 13: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 14: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Linear Regression - EViews

Notable Values

k = 29

R2 = 0.305546 < R21

R2

= 0.247675 > R21

Figure: Linear regression - Model 1

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 15: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Analysis (1)

Variables Expected ActualAGE + +MALE + +(REGION = 1) + NS(REGION = 2) + +(REGION = 5) + +(REGION = 6) + NS(REGION = 7) + NS(REGION = 8) + NSCITY - -(FAVORITE = 0) - NS(FAVORITE = 2) + +PRODUCER + +INTERNET EXIHIBITION - +

Table: Expected/Actual Effects - Part 1

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 16: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Analysis (2)

Variables Expected ActualCHAMPAGNE + -TRADITION + +(KNOWLEDGE = 1) - -(KNOWLEDGE = 2) - -(KNOWLEDGE = 3) + -(KNOWLEDGE = 4) + -(BUDGET = 2) - -(BUDGET = 3) + -(BUDGET = 4) + -CRITERIAREGIONS + +TASTE + NSDESIGN - +FAMILYMEAL - -CHILLING + +

Table: Expected/Actual Effects - Part 2

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 17: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

F-Statistic

F-Statistic = 5.279763 > F(29,365-29) (n = 365 and k = 29)

Cl : we reject H0 ⇒ β0,...,β28 = 0, our model is globallysignificant.

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 18: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Normality

Figure: Resid. Final Model Histogramm

Analyse

JB = n−kn × JB = 1348

We reject H0.

⇒ We do not have u∼N.

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 19: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Hetero-/Homo-scedasticity

White Heteroscedasticity Test

n × R2 = 34.0758 > χ2(29) = 39, 0875 → (α=0.1)

We d.n.r H0.

⇒ We have Homoscedasticity.

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 20: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?

Page 21: Which wine are you - ENACrecherche.enac.fr/.../example_projects/wine2.pdf · Introduction Purpose : Estimate the average nb of glasses drinked per week for an individual Database

Conclusion

First model enhanced.

Other methods (log,squared variables) could have been usedto improve the model.

Some variables have an unexpected marginal effect on thedependant variable.

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Lucas ALBINET Julie MONTELS Maxence RAGOT Which wine are you ?