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Phase 2: Data Collection
In this phase, you will work on the data collection process. Based on your project, you will search for data sources to collect the variables. You must consult with the instructor about the data sources from where you will collect data needed for your prediction/forecasting model.
Phase 2 Deliverables
At the end of Week 3 of the course schedule, you need to provide an Excel Spreadsheet with the list of variables as headers and a minimum of 200 observations. As you collect the data, you need to keep in mind the consistency of your data and how “clean” and ready for analysis. The rubric below provides you with more details about the grading scheme.
Limited (0%-50%)
Satisfactory (50%-85%)
Superior (85%-100%)
Data Readiness (70%)
The data is not consistent.
Major cleaning needed.
Most of the data is consistent but needs minor improvement.
Minor cleaning needed.
Data is clean and ready to use.
Data Volume (30%)
Less than 100 useable observations are collected.
Between 100 and 150 useable observations collected.
At least 200 useable observations collected.
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