Choose one of the datasets analyzed in previous exercises, lectures, or seminars, and pick 2 or 3 variables in this dataset. You can also invent an unobserved variable that you believe might be important but is not included in the dataset. Using these variables:

This is a conceptual exercise which would not be graded based on any kind of accuracy in relating to the real world, but only on your reasoning.

ISLR Chapter 2, Section 2.4

Exercises 1 and 3

ISLR Chapter 3, Section 3.6

Read the R lab, especially Sections 3.6.3-3.6.6

(You don’t have to write anything about this, just be sure to read it)

ISLR Chapter 3, Section 3.7

Exercises 1, 13, and 14