s

11-17-09
OIS 3440
Capstone Project

Executive Summary My goal was to gather finance information and establish relationships between eight different variables. I incorporated the following variables into a small survey: Age, Income, Investment, Number of Children, Number of Years of college, Additional Investment for the Current Year and Home Value. The reason for studying this data is because I am a finance major and going to be working towards becoming a financial advisor.
I created a survey that answered the questions for the criteria listed above. I asked friends and family through email and facebook, and told them the reason for my asking. Everyone was willing to participate, as I kept their personal information confidential. I took the survey results and computed with 49 surveys. After analyzing the data I noticed that there were many relationships amongst the variables. Based on the research I concluded that the higher the age the more that they are willing to invest for the current year. There was also a strong relationship between age and income. The older the person, the more money they made. The dependent variable was age. Older people make more money, are more familiar with investments, and are more willing to make larger investments currently. Also, age related to home value in that an increase in age was related to an increase in home value.

Analysis

Investments | Income | Education | Kids | Home Value | Additional Investments | Age | 72000 | 198000 | 4 | 4 | 480000 | 25000 | 38 | 225000 | 300000 | 4 | 3 | 790000 | 50000 | 43 | 4000 | 30000 | 2 | 0 | 0 | 5000 | 23 | 5000 | 15000 | 2 | 0 | 0 | 2000 | 24 | 20000 | 30000 | 4 | 2 | 228000 | 6000 | 32 | 12000 | 75000 | 1 | 0 | 280000 | 7500 | 31 | 20000 | 45000 | 0 | 2 | 330000 | 10000 | 34 | 125000 | 250000 | 8 | 4 | 875000 | 50000 | 44 | 8000 | 24000 | 2 | 0 | 0