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Unformatted text preview: repeats a command for each of the values of a variable. e.g. by edu: sum wage gives summary statistics for the wage for each value of education 5. corr var1 var2 var3 gives the Pearson linear correlation coecient for a set of variables corr wage edu gives the correlation coecient between wage and edu . Remember that correlation does not imply causation. In class we went over possible explanations for a positive correlation. 6. scatter var1 var2 gives a scatter plot of the two variables. Useful to gain intuition 1...
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This note was uploaded on 03/15/2010 for the course ECON 103 taught by Professor Sandrablack during the Winter '07 term at UCLA.
 Winter '07
 SandraBlack
 Econometrics

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