MedVision ad

QMB project (2 Viewers)

chewy123

OAM, FAICD, FAAS, MBBS
Joined
Apr 25, 2007
Messages
849
Gender
Male
HSC
2008
I am so screwed, mine is due 2marrow 9am =.='', I don't know what else to test.
 

zhoualfred

New Member
Joined
Jun 22, 2006
Messages
1
Gender
Male
HSC
2008
for the Qmb project, can anyone plz tell me where to start with?......i dunno wat to do first? do i just calculate the mean and var for the 5 variables?
 

wrong_turn

the chosen one
Joined
Sep 18, 2004
Messages
3,664
Location
Sydney
Gender
Male
HSC
2005
Uni Grad
2010
hongco, you do realise that i dont do qmb, and based on what you have told me, if income is = 0 or 1, it is thus a dummy variable. therefore, there is a change of b1 on the dependent variable.
 

tallkid34

In 25 words or less
Joined
Sep 3, 2005
Messages
1,124
Gender
Male
HSC
2006
I found introductory econometrics a lot more straight forward than QMB.

Other than that, who wants to do my financial econometrics assignment which is due tomorrow?:hammer:
 

tallkid34

In 25 words or less
Joined
Sep 3, 2005
Messages
1,124
Gender
Male
HSC
2006
LOL i heard about that assignment =P fucking pwnge
Mine is almost done. Just harassing some of my team members for their parts which they are gradually getting to me.

Although thanks to this assignment, I have some mad eviews (econometric views) skillz now.
 

hongco1990

New Member
Joined
Sep 13, 2009
Messages
21
Gender
Female
HSC
N/A
Hongco, small p-value indicates "an overwhelming evidence to infer that a linear relationship exist" - page 637
Hi Chewy123,
I think there would be no linear relationship between dummy variables at all. When you plot it, all the values will appears vertically at 0 and 1. So I interpret p-value as "overwhelming evidence to infer there is a difference between 2 income groups".
since we dont have population deviation how do we do hypothesis testing?
Use the sample deviation instead
 

luthial

New Member
Joined
Jul 31, 2008
Messages
5
Gender
Male
HSC
N/A
hey guys can anyone give me a clue on how to approach KPI 1? i dont know which technique to use to infer the population parameters =/

MANY THANKS!
 

Users Who Are Viewing This Thread (Users: 0, Guests: 2)

Top