ec41lecture1b (1)

ec41lecture1b (1) - Statistics for Economists Lecture 1...

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Unformatted text preview: Statistics for Economists Lecture 1 Kata Bognar UCLA Introduction Statistics for Economists Lecture 1 Kata Bognar UCLA September 23, 2010 Statistics for Economists Lecture 1 Kata Bognar UCLA Introduction Todays Outline 1 Syllabus and overview of the class 2 Introduction Suggested readings: Weiss (W): Chapter 1. Wild and Seber (WS): Chapter 1. 3 Readings for next class: Tannis and Hogg (TH): Chapter 1.1. Statistics for Economists Lecture 1 Kata Bognar UCLA Introduction What is Statistics? Does higher tuition lead to lower college enrollment? Collect percentage of HS graduates starting college in 2007, 2008, 2009, 2010, etc. Is there a change in this percentage in the sample? Do you expect similar change for the entire population? What can be the reason for this? Does an extra year in school increase earnings? Collect average income of HS dropouts, HS graduates, college graduates, etc. Does the income increase with the years of schooling in the sample? Do you expect the same effect for the entire population?...
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ec41lecture1b (1) - Statistics for Economists Lecture 1...

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