Economics and Terrorism

Terrorism has always been a global threat to humankind. Whether it targets a specific countries such as Turkey, France, USA, Norway or it emerges against a specific group of people, it affects all the people around the world. Countries tries to strengthen their security forces and spend a huge amount of money against terrorist attacks of…

Hypothesis

Hypothesis testing is to test confidence intervals in other words it is a way to test the results of an experiment statistically. It shows whether the results are valid by deciding if the results are there because of chance or not. P-value on the other hand determines how likely it is that if the null…

Project Conclusion

By the way of conclusion, the project was a very informative for us, considering that we had no prior data science experience. Due to nature of our objective, the project was very challenging. Therefore, it forced us to do many research about various topics statistical analysis, data cleaning techniques, model improvement. Furthermore, we were able to…

The Data

One of the challenges in data science is making data clean where missing values are minimized or worked around somehow and data’ s respective columns are related to the project’s overall aim. Data which is used in this project are imported in ‘csv’ format from the following websites. http://databank.worldbank.org/data/reports.aspx?source=global-economic-prospects https://www.start.umd.edu/gtd/search/Results.aspx?chart=country&search=istanbul Getting Data Economy Data Worldbank…

Terror severity distribution among the world

The world is becoming more and more dangerous place with the increase in number of terrorist attacks everyday. Most of the people, without exception of geography, live in some degree of fear because of acts of terrorist organizations. For this purpose, we wanted to see how these terror events are distributed in the world. To…

Modelling with Regression

Development of countries is one of the most hard-hitting topic that should be examined in the data science. There are many indicators showing the countries are developed or still developing. In the world, every country is somewhat developing itself in terms of economy, military, life etc. Only a few countries regress. However, in the development,…

Terrorism and Economics Visualization Examples

This section provides four visualization examples of data sets. i. Casualty percentile of terror events on world map. ii. Terror events and GDP relationships for all countries. This scatter plot shows negative correlation between GDP and Terrorism in countries. GDP looks like decreasing exponential graph with respect to mean of terror events. iii. Top 20 Countries affected…