Statistical Analysis for Cost of Nuclear power plant ( 10-15 min read*)

  1. Our topic is about analysing numerous factors which contribute to the expensiveness of those nuclear reactors. For us, this topic is important because Nuclear is an Eco-friendly source of power generation and should be widely adopted over Coal Power. I am exploring this using Statistical Analysis. We are interested in examining the best fit model which can predict the cost based on predictor variables and various interaction terms.

  1. Brainstormed over all required parameters necessary that would impact Cost(Predictor variable)
  2. I perfomed webscrapping using script and designed a ETL for the data colection for every response variable
  3. Once the final dataset was collected we all discussed and stastical methods possible to design a model which achieved maximum accuracy and predicts the cost variable.
  4. Drafting the documentation for presentations and project report.






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