Wild Running Lions Agribusiness and Analytics Scholarship The purpose of this scholarship is to promote data analytics modeling in the Agribusiness and Economics department at California State University, Bakersfield. The scholarship requirements are as follows: 1)
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Candidate must be either a Junior or Senior; Selected major must be either “Economics” or “Agribusiness”; In‐major (not cumulative undergraduate) GPA must be at least 3.5 or above; Candidate must have taken any of the following courses and received at least a "B" (If you have taken more than one of the courses listed, please select the course in the application checklist):  ECON 210 – Analyzing Economic Data  ECON 220 – Quantitative Tools for Business and Economists  ECON 420 – Econometrics  MATH 339 – Regression Analysis  MATH 415 – Methods in Applied Statistics and Data Analysis  BA 301 – Data Analysis and Decision Making 5) Provide a copy of your official transcripts with your application. 6) Agribusiness Analytics Assignment The purpose of this assignment is to have the student demonstrate their analytics capabilities. a) Watch the video titled “The Zipf Mystery” by VSauce on You Tube (https://www.youtube.com/watch?v=fCn8zs912OE). b) Go to the following site which hosts a PDF version of “The Grapes of Wrath” by John Steinbeck (http://nisbah.com/summer_reading/grapes_of_wrath_john_steinbeck2.pdf). c) To test Zipf’s Law, you will need to perform a word count analysis i.
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Copy the text from the PDF and paste it into either a text application—such as Notepad and Notepad++ (for Windows), Text Wrangler (for Mac), or MS Word for either. Using the text editor use the FIND/REPLACE “clean” the data by removing all of the punctuation marks (i.e. periods, question marks, semi‐
colons, colons, quotation marks, etc.) so that the data set only shows the words of the book. Also, all words need to be changed to lower case only.
After removing the punctuation marks, replace the spaces with carriage returns to show a single column of text and import the data in Microsoft Excel. Using Microsoft Excel create a Pivot Table which allows the user to show the word count from greatest to least; however, “blank” entries need to be either omitted or removed so the only entries counted are words and not blanks. iv.
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Using a Pivot Table, list the word count from greatest to least. To visually present your findings, create a summary table listing the “TOP 10” words along with the count and percentage. Moreover, create a bubble chart which shows the word count as the vertical (Y‐Axis) and the CUMULATIVE word percentage as the horizontal (X‐Axis)—(see Figure 1 for the visual). Figure 1: Demonstration of the summary table and chart for another collection of works d) Answer the following questions in a Q&A format and then copy/paste your results: 1) What is Zipf’s Law (a line or two at most)? 2) What are the twenty (20) most common words in the English language (listed as shown in the video)? 3) What is the formula described to estimate the proportion of a word’s use relative to entire population set (of a book, a collection, a language, etc.). 4) What is the “Principle of Least Effort”? 5) What is a “Preferential Attachment Process” and what is the common numerical principle associated with is concept? (HINT: in the business world it is known as the XX/XX rule) 6) Copy/Paste your table with the top 10 words, the total word count, and the bubble chart with the top 10 words showing as the “data label” for the bubble. Wild Running Lions Agribusiness and Analytics Scholarship NAME: ADDRESS: CITY/STATE/ZIP: CURRENT CLASS RANK (CIRCLE ONE): JUNIOR DECLARED MAJOR(S): IN‐MAJOR(S) GPA: . COURSE(S) COMPLETED (CHECK ALL THAT APPLY) ECON 210 – Analyzing Economic Data ECON 220 – Quantitative Tools for Business and Economists ECON 420 – Econometrics MATH 339 – Regression Analysis MATH 415 – Methods in Applied Statistics and Data Analysis BA 301 – Data Analysis and Decision Making SENIOR Please provide a copy of your “official” transcripts with your application ************************************************************************************* ASSIGNMENT Complete Section 6 of the scholarship requirements titled “Agribusiness Analytics Assignment”. Follow the directions print out your Q&A answers along with your table/chart results. Then also provide a flash drive (which you not get back so an inexpensive drive is advised) that shows all of your work. ************************************************************************************* For any questions or inquiries, please e‐mail Mr. Padilla at [email protected]. All applications (with flash drive) must be delivered to the Economics and Agribusiness administrative office by the due date/time (NOTE: Any applications without the assignment Q&A printout, table/chart summary result, and flash drive will be considered incomplete thus disqualifying the applicant from the pool of candidates). DUE DATE/TIME: Thursday, April 21, 2016 at 5:00 PM