Dr. Valerie R. Bencivenga Economics 329 PRACTICE HOMEWORK #1A: ANSWERS 1.a. b. c. d. e. discrete continuous discrete (dummy) discrete continuous (or approximately continuous)
2.a. b.
c. d.
e.
Mode. It does not make sense to average nuclear power plants an
Dr. V.R. Bencivenga Economics 329 PRACTICE HOMEWORK #1B: INTRODUCTION & DESCRIPTIVE STATISTICS 1. Identify each of the following variables as continuous or discrete. Which of the discrete variables are dummy variables (if any)? a. expenditure per pupil (d
INTRODUCTION
Dr. V.R. Bencivenga Economics 329 INTRODUCTION Outline I. Conceptual framework of statistics Topics of the course Objectives:
Economic Statistics 2010-11
Descriptive statistics vs. statistical inference Data-generating process Randomness
II.