1 Your Dataset Find a dataset. (I want you to start searching for a dataset for...
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1 Your Dataset Find a dataset. (I want you to start searching for a dataset for the empirical project.) Explain the dataset: name, who collected, for what purpose, variables, sample size and so on. Does it satisfy the requirements in the syllabus? Choose two variables from the dataset. Call one X and the other Y. Draw a scatter plot for X and Y. Consider a linear regression model Using your dataset, estimate 1. Yi = Bo+B1Xi +Ui. Conduct the t test for the null hypothesis that is equal to 0, against the alternative hypothesis that it is not equal to 0. In this question, use 5% as a significance level a. Your dataset should be real-world data, not simulated data. You need to find a cross-sectional or panel data set with at least 250 cross-section units. The cross-sectional unit should be an individual, a household, a firm, or a city. (If your dataset does not satisfy this requirement, see 1 Your Dataset Find a dataset. (I want you to start searching for a dataset for the empirical project.) Explain the dataset: name, who collected, for what purpose, variables, sample size and so on. Does it satisfy the requirements in the syllabus? Choose two variables from the dataset. Call one X and the other Y. Draw a scatter plot for X and Y. Consider a linear regression model Using your dataset, estimate 1. Yi = Bo+B1Xi +Ui. Conduct the t test for the null hypothesis that is equal to 0, against the alternative hypothesis that it is not equal to 0. In this question, use 5% as a significance level a. Your dataset should be real-world data, not simulated data. You need to find a cross-sectional or panel data set with at least 250 cross-section units. The cross-sectional unit should be an individual, a household, a firm, or a city. (If your dataset does not satisfy this requirement, see
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