Analysis of crypto prices helps provide information as regarding its interpretation. In this article I will be considering the result of prediction between LEO and POLYCUB prices in the following subtitles;
Model Summary
Correlation between price Of LEO and POLYCUB
LEO Price Calculating Model Using POLYCUB Price.
Conclusion
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Model Summary
The summary of the predictive model for LEO price when considering entry variable as POLYCUB price is seen in the first table.
Considering the model summary table, The adjusted R square column with a value of 0.000 shows that the model has no explanation of variance in Leo price when considering for price of POLYCUB.
In further view of this article we will understand why this concept says so.
Correlation between price Of LEO and POLYCUB
Analysis of correlation between LEO and POLYCUB price is best explained in the anova table below.
The Anova hypothesis in predictive analysis states that there is no relationship between the price of LEO and POLYCUB.
Considering the significance value of the last part of the column indicates a value of 0.304. This value is greater than the standard value of 0.05.
We have to accept the fact that there is no relationship between LEO and POLYCUB price currently as traced to the adjusted R square value.
LEO Price Calculating Model Using POLYCUB Price
The model for estimating the price of LEO can be seen in the unstandardized coefficient table.
Price of LEO = 0.068 + 0.017 * POLYCUB price
We shall test for how this model differs from the real life value when the price of POLYCUB was $0.0566 on the 23rd of September, 2022.
Price of LEO = 0.068 + 0.017 * POLYCUB price
Price of LEO = 0.068 + 0.017 * 0.0566
Price of LEO = 0.068 + 0.000962
Price of LEO = $0.0689
The predicted value differs with an increase of $0.013 when compared to the real value.
Conclusion
The summary of this analysis shows there is no relationship between the price of LEO and POLYCUB to check in case of increase in POLYCUB can influence LEO price or not.
The prediction model with a constant of 0.068 differs with real value due to the LEO update on crypto market: coingecko.
Other images includes
##Maximum and minimum price of POLYCUB and LEO.
Data view mode
Variable view mode
