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Lecture6 Applied Econometrics and Economic Modeling

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Concepts in Hypothesis Testing
Background Information ,[object Object],[object Object],[object Object]
The Experiment ,[object Object],[object Object],[object Object]
Hypothesis Testing ,[object Object],[object Object],[object Object]
Null and Alternative Hypotheses ,[object Object],[object Object],[object Object]
One-Tailed Versus Two-Tailed Tests ,[object Object],[object Object],[object Object]
One-Tailed Versus Two-Tailed Tests -- continued ,[object Object],[object Object],[object Object],[object Object]
Types of Errors ,[object Object],[object Object],[object Object],[object Object]
Types of Errors -- continued ,[object Object],[object Object],[object Object]
Significance Level and Rejection Region ,[object Object],[object Object],[object Object]
Significance Level and Rejection Region -- continued ,[object Object],[object Object],[object Object]
Significance from p -values ,[object Object],[object Object],[object Object]
Significance from p -values -- continued ,[object Object],[object Object]
Significance from p -values -- continued ,[object Object],[object Object],[object Object],[object Object],[object Object]
Hypothesis Tests for a Population Mean
Background Information ,[object Object],[object Object]
PIZZA1.XLS ,[object Object]
Summary Statistics ,[object Object],[object Object]
Summary Statistics -- continued
Running the Test ,[object Object],[object Object],[object Object]
Running the Test -- continued ,[object Object],[object Object],[object Object]
Using StatPro ,[object Object],[object Object],[object Object]
One-Sample Dialog Box
Hypothesis Test Dialog Box
The Results ,[object Object],[object Object]
Conclusion ,[object Object],[object Object],[object Object]
Hypothesis Tests for a Population Mean
Background Information ,[object Object],[object Object],[object Object]
Background Information - continued ,[object Object],[object Object]
PIZZA2.XLS ,[object Object],[object Object]
Formulating the Hypotheses ,[object Object],[object Object],[object Object]
Test & Findings ,[object Object],[object Object],[object Object]
In Conclusion ,[object Object],[object Object],[object Object],[object Object]
In Conclusion -- continued ,[object Object],[object Object],[object Object]
Hypothesis Tests for Other Parameters
Background Information ,[object Object],[object Object],[object Object]
Background Information -- continued ,[object Object],[object Object],[object Object]
Background Information -- continued ,[object Object],[object Object],[object Object]
Background Information -- continued ,[object Object],[object Object]
Solution ,[object Object],[object Object],[object Object]
LETTERS.XLS ,[object Object]
Solution -- continued ,[object Object],[object Object],[object Object],[object Object]
Results ,[object Object],[object Object],[object Object]
Results -- continued ,[object Object],[object Object],[object Object]
Hypothesis Test for Differences Between Population Proportions
Background Information ,[object Object],[object Object],[object Object]
Background Information -- continued ,[object Object],[object Object],[object Object]
Background Information - continued ,[object Object],[object Object],[object Object],[object Object]
EMPOWER1.XLS ,[object Object]
Questions ,[object Object],[object Object]
Solution ,[object Object],[object Object],[object Object]
Solution -- continued ,[object Object],[object Object]
Solution -- continued ,[object Object],[object Object]
Results ,[object Object],[object Object],[object Object]
Results -- continued ,[object Object],[object Object],[object Object],[object Object]
Results -- continued ,[object Object],[object Object]
Tests for Normality
Background Information ,[object Object],[object Object],[object Object],[object Object]
NORMTEST.XLS ,[object Object]
Summary Measures ,[object Object],[object Object],[object Object]
The Test ,[object Object],[object Object],[object Object]
The Test -- continued ,[object Object],[object Object]
Resulting Histogram
Resulting Table
Analysis ,[object Object],[object Object],[object Object],[object Object]
Analysis -- continued ,[object Object],[object Object],[object Object],[object Object]
Analysis -- continued ,[object Object]
Chi-Square Test for Independence
Background Information ,[object Object],[object Object],[object Object]
Background Information -- continued ,[object Object],[object Object],[object Object]
PCDEMAND.XLS ,[object Object],[object Object]
PCDEMAND.XLS ,[object Object],[object Object],[object Object]
Chi-Square Test for Independence ,[object Object],[object Object],[object Object]
Chi-Square Test for Independence -- continued ,[object Object],[object Object],[object Object]
Chi-Square Test for Independence -- continued ,[object Object],[object Object],[object Object]
Testing the Data ,[object Object],[object Object],[object Object]
Testing the Data -- continued ,[object Object],[object Object],[object Object],[object Object]
Testing the Data -- continued ,[object Object],[object Object]
Testing the Data -- continued ,[object Object],[object Object],[object Object],[object Object]
Testing the Data -- continued ,[object Object]
Testing the Data -- continued
Analysis ,[object Object],[object Object],[object Object]
Analysis -- continued ,[object Object],[object Object],[object Object]

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Lecture6 Applied Econometrics and Economic Modeling