Oecd database exercise , Basic Statistics

For this second assignment you will have to use the OECD database to investigate possible changes in the policy preferences of Western welfare states. You have to develop (i) an indicator to measure how much a country spends on unemployment benefits per registered unemployed; (ii) an indicator that measures how much it spends on old age pensions per person of 65 or more. Subsequently you have to relate both indicators in a scatter plot and a line of best fit. As you will learn throughout this block, it is important that the countries in your plot remain identifiable.

(1) As a first step you have to retrieve data from the statistics portal of the OECD to develop your two indicators: expenditure data and data on the number of potential recipients (i.e. the number of unemployed and the number of people aged 65 or more). You have to choose two points in time (and in order to be able to observe a meaningful trend, those points should not be too close to one another. You must be able to obtain data for at least 12 OECD countries, amongst which the Netherlands (you can choose the other countries, but you will see that you will be constrained by the availability of data). Part of the exercise is that you learn to find your way in the maze of links on the website.

(2) Next you must figure out a way to represent graphically the relationship between your indicators so that you can capture both different expenditure patterns between countries, as well as changes within the same country over time. Hint: you can best make three scatter plots plotting (i) your two indicators against one another for year x; (ii) your two indicators for year y; and (iii) changes in your two indicators between year x and year y. For each plot you should add a trendline. You can best draw scatter plots using Excel or if you prefer SPSS. Make sure that the points in your plot are clearly labelled (in case you do not succeed to add labels using the software, do it manually).

Posted Date: 3/20/2013 5:12:00 AM | Location : United States







Related Discussions:- Oecd database exercise , Assignment Help, Ask Question on Oecd database exercise , Get Answer, Expert's Help, Oecd database exercise Discussions

Write discussion on Oecd database exercise
Your posts are moderated
Related Questions

The following are actual data showing the latitude of a sample of major cities in the northern hemisphere and their mean high annual temperature. latitude(X)

A study was conducted at a major north-eastern American medical centre regarding blood cholesterol levels and heart-attack incidents. A total of 28 heart-attack patients had their

Plase give me the answers of this sets of questions.

Ask question #MinimumAgency revenues. An economic consultant was retained by a large employment agency in a metropolitan area to develop a regression model for predicting monthly a

A toothpaste company wants to know if its new products increases the length of time in between dentists visits for its uses. The company sets a target of 180 days to determine if i

Ask questio How many women must be randomly selected to estimate the mean weight of women in one age group? We want 90% confidence that the sample mean is within 3.7 lbs of the po

Objective: Determine process capability The sandwich shop†TM s goal I that every sandwich can be completed in less than 1.5 minutes using the following 20 data times: 1.5364 1.58

In a sample of 120 workers in a factory, the mean and standard deviation of wages were Rs. 11.35 and Rs.3.03 respectively. Find the percentage of workers getting wages between Rs.9

factor reversal test or circfied ular test satis reversal test question #Minimum 100 words accepted#