[ECON 113] - Final Exam Guide - Comprehensive Notes fot the exam (27 pages long!)
Document Summary
Textbook = introductory econometrics 4th or 5th edition by jeffrey m. wooldridge. Software = small stata (stata is also in computer labs) But stata and gure out how to access the rst data set. Ceteris paribus = all other things being equal or held constant . Focus: where does data come from, what does it look like, and does it re ect the population of interest: types of data, cross-sectional data *important, time-series data, panel data, sampling, population vs. sample, bias: selection, non response. Cross-sectional data: data for many individuals(people, rms, countries) at a single point in time(typically there will be one observation per individual) The data we are observing above is cross-sectional data because we are studying a data set from a given point in time (2003) Time-series data = data for a single individual over time: typically there will be serveral rows for one individual.
