Assignment 2

# Assignment 2 - Shivali Gupta Econ-10 Assignment #2...

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0 1.0e-06 2.0e-06 3.0e-06 4.0e-06 Density 0 1000000 2000000 3000000 challenge spending in 1994 dollars Shivali Gupta Econ-10 Assignment #2 Professor Hansford Amy Leung Section 4 1.) Mean- summ chspend if cycle==1996 Median – egen medianchspend if cycle==1996 Mode- tab chspend if cycle==1996 a. The calculated mean of the data is \$251,702.4. The average amount of money the challenger’s incumbent spent is \$251,702.4.The calculated median is \$78223.5. At the 50 th percentile the amount of money the challenger’s incumbent spent is \$ 78,223.5, in other words this value is the middle value of all the different values of the money spent. The calculated mode is zero dollars. In other words, most of the time the challenger’s incumbents did not spend any amount of money. b. The measure of centrality that I think is the most appropriate for describing chspend in the cycle 1996 is the mean. The mean is the appropriate measure of centrality because it presents the average amount of money the incumbent’s challenger spent. On the other hand, the median will not be an effective measure because it does not represent the data as in whole. c. Summ chspend if cycle==1996 & dem==1

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3.5e-07 1.2e-06 1.2e-06 6.6e-07 4.0e-07 2.1e-07 1.2e-07 5.8e-08 2.3e-08 1.2e-08 2.3e-08 5.8e-09 1.2e-08 5.8e-09 0 5.0e-07 1.0e-06 1.5e-06 Density 0 2000000 4000000 6000000 totalcontributions Frequency of Total Contributions The mean and standard deviation of the challenger campaign spending in 1996 for Democratic incumbents is \$200724.8 and \$282854.5, respectively. The mean and standard deviation of the challenger campaign spending in 1996 for Republican incumbents is \$292435.6 and \$ 429151.7, respectively. Therefore, on average the challenger spending in 1996 for Republican incumbents was greater than the challenger spending in 1996 for Democratic incumbents and the standard deviation is much higher as well, meaning a greater variability. 2.) summ totalcontributions, detail gen totalcontributions = partymoney+othcont histogram totalcontributions, addlabels title (" Frequency of Total Contributions") Median= \$575,720.9 Mean= \$674,289.2 Mode= multimodal Standard Deviation= \$674,289.2 The average amount of total contributions to the House incumbents is approximately \$ 674,289.2.At the 50 th percentile the total contributions to the House incumbents is \$ 78,223.5, in other words this value is the is the middle value of all the different values of the total contributions. 3.) graph bar (mean) partymoney, over(comchair, relabel(1 “Not a Party Comchair” 2 “ Party
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## This note was uploaded on 07/02/2010 for the course ECON 10 taught by Professor Thomas during the Spring '10 term at UCM.

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Assignment 2 - Shivali Gupta Econ-10 Assignment #2...

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