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15D019 Economic Methods for Data Science Project

By: Reid Falconer, Eric Beckwith, Felix Adam and Maryam Rahbaralam

Project Part 1: Demand Estimation and Industry Pattern Analysis

The data (Dominick's Dataset) and code in this repository allows users to replicate the results found in our report "When it Hurts: Demand Estimation in the Analgesics Market" which examines demand estimation and industry pattern analysis of the market for over the counter (OTC) analgesics using a nested logit model.

Project Part 2: AB-Testing: Hypotheses and Design

Furthermore, this repository holds our AB-Testing: Hypotheses and Design write-up for Totalwatchrepair.com.

Software and Packages required

  • The code was written Python 3.6 and R version 3.5.0.

R

  • tidyverse
  • ggrepel

The user can run the following command to automatically install the R packages

install.packages(c('tidyverse', 'ggrepel'), dependencies = T)

Python

  • NumPy
  • Pandas
  • seaborn
  • SciPy
  • scikit-learn
  • math
  • linearmodels
  • statsmodels
  • collections
  • rpy2
  • tzlocal

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15D019 Final Project: When it Hurts: demand estimation in the market for over the counter (OTC) analgesics using a nested logit model.

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