ec-60 - 1 May 2, 2009 It is E370 Time! Announcements T...

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1 May 2, 2009 It is E370 Time!!! Announcements T Final Exam information is posted. T I will be in my office on Friday from 10:00 to 3:30. Today’s Goals: You should be able to T demonstrate and recognize problematic graphical techniques. T present a brief history of statistical ethics and its relatives. T define common ethical violations. T identify ethical violations in practice. Best of luck on the Final and I hope you all have a fabulous summer! -8000 -6000 -4000 -2000 0 2000 4000 6000 8000 10000 -5000 0 5000 10000 15000 20000 Graphs are an often undervalued tool for analyzing data. Graphs can T reveal similarities and differences between data sets. T reveal relationships between variables. T suggest solutions to problems.
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2 Anscombe's Famous Quartet of Datasets x1 y1 x2 y2 x3 y3 x4 y4 10 8.04 10 9.14 10 7.46 8 6.58 8 6.95 8 8.14 8 6.77 8 5.76 13 7.58 13 8.74 13 12.74 8 7.71 9 8.81 9 8.77 9 7.11 8 8.84 11 8.33 11 9.26 11 7.81 8 8.47 14 9.96 14 8.1 14 8.84 8 7.04 6 7.24 6 6.13 6 6.08 8 5.25 4 4.26 4 3.1 4 5.39 19 12.5 12 10.84 12 9.13 12 8.15 8 5.56 7 4.82 7 7.26 7 6.42 8 7.91 5 5.68 5 4.74 5 5.73 8 6.89 All four data sets share the following: Mean of X 9 Mean of Y 7.5 Correlation( X,Y) 0.816
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This note was uploaded on 04/19/2011 for the course ECON 200 taught by Professor Staff during the Winter '09 term at Indiana.

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ec-60 - 1 May 2, 2009 It is E370 Time! Announcements T...

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