Economics Stack Exchange
Economics Stack Exchange

Questions tagged [statistics]

Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. For data requests, use the [data-request] tag instead, or consider our sister site Open Data Stack Exchange.

Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. For data requests, use the tag instead, or consider our sister site Open Data Stack Exchange.

276 questions
4
votes
2 answers

How prevalent is the use of machine learning among economists?

I wonder how machine learning, particularly deep neural net which is considered the state-of-the-art among many data scientists, is used among economists, or other experts who is in in the similar field to predict economic situations, such as bank…
Blaszard
  • 265
  • 1
  • 3
  • 8
4
votes
2 answers

Pareto curve vs Pareto chart

I was searching online for some notes on how to draw a Pareto curve on income distribution. That's when I came across Pareto chart which is a bar diagram and is used in quality control. Are these the same and are both curves drawn using the same…
Harry
  • 139
  • 3
3
votes
1 answer

Comparing relative change for different base value

I need to compare change in employment size for a sample of companies. I could use percentage change, however, the problem with it is that when the base is small, a small absolute change result in a large percentage change. For instance, company A…
Seamus Lam
  • 31
  • 2
1
vote
2 answers

How do international organizations collect statistics regarding a country?

How do international organizations like IMF, WB, and CIA Fact Book collect statistics regarding a country's economic indicators? What is their primary source of information?
user13954
0
votes
1 answer

How to determine ADF test criterion?

I tried ADF test and there are 3 criterions. intercept intercept and trend none I usually decide the criterion after looking at the graph. (For example, if the data is around 0 then choose intercept, and if the data has trend then choose trend, if…
guest
  • 280
  • 1
  • 7
0
votes
1 answer

Confusion about the jack-knife

Suppose that I am trying to use the jack-knife to estimate the variance of some estimator $E$. If I have $n$ data points, I begin by computing $n$ estimates (call them $B_1$, ..., $B_n$), each obtained from leaving one of the $n$ data points out of…
afreelunch
  • 856
  • 3
  • 9
0
votes
1 answer

Does a tighter spread between occupancy and stabilized occupancy indicate higher demand?

I'm trying to understand how to think about real estate markets and how to identify markets where there might be strong demand for additional housing (I'm looking at senior housing in particular) and am new to real estate, so I had a few questions…
user139014
  • 103
  • 2
0
votes
1 answer

Separation of base and momentum effect

I am calculating YoY change in macroeconomic variables (inflation, industrial production etc.). However this growth is distorted by low base of last year. Currently I am using 2 year cagr to adjust for the base effect. Is there a better statistical…
Amit
  • 1
  • 1
0
votes
1 answer

How to interpret increases in percentage with different sample groups

Apologies if this question is not worded very well - this is not really my field of expertise but I'd like to see how to correctly understand some data. Let's say I am studying the increase in cases of a disease over the last 100 years. I am…
ASForrest
  • 101
  • 1
0
votes
1 answer

What does this graph mean?

I know little about economics and am very confused on what this graph represents. I found it when I saw that the President had tweeted it and was wondering what it mean. Specifics what "Jobs plentiful" and "jobs hard to get" are measured in.
The Diamante
  • 3
  • 2