/Earning-Potential-Analysis

Data analysis for Income-based on occupation

Primary LanguageRMIT LicenseMIT

Overview

Earning potential analysis is based on a prediction model that determines which University majors will generate the highest revenue. The intention behind this is to see what attritubes yield the highest results between STEM, Humanities and other majors. The overall end result indicates that those who are in STEM majors have the highest ROI for their occuptation in comparison to other majors mentioned above.

Machine learning packages used: Rpart, SVM, MSE, LM

Other Methods used: Permutation testing, Decision tree, Cross-validation, Z-test