Oecd database exercise , Basic Statistics

Assignment Help:

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).


Related Discussions:- Oecd database exercise

Continuous probability distributions, Continuous probability distributions:...

Continuous probability distributions: Procurement and working capital analysis – Normally distributed random variables and their transformation Procedures The data is measure

Example on cluster sampling, "A company of accountants has branches in fiv...

"A company of accountants has branches in five regions, Port Louis (PL), Curepipe (CPE), Beau Bassin (BB), Rose Hill (RH) and Quatre Bornes (QB). It employs the following number

Cost accounting, difference between financial statement and annual report ....

difference between financial statement and annual report .

Perform multiple regression, You have collected data on 4 continuous variab...

You have collected data on 4 continuous variables (diastolic BP, age, weight, and average number of minute of exercise per week)you think may be related to total cholesterol levels

AUTOMATED TELLER MACHINE (ATM) , AUTOMATED TELLER MACHINE (ATM) Computer m...

AUTOMATED TELLER MACHINE (ATM) Computer managed devices placed at a financial institution division or other place, which allow a client to execute primary checking actions (such a

Question, #quea national poll of 1836 respondents indicated that 36% suppor...

#quea national poll of 1836 respondents indicated that 36% support the NDP. Test whether this is sufficient evidence to show that the NDP support has increased since the election.

What is an irrevocable letter of credit?, What is an irrevocable letter of ...

What is an irrevocable letter of credit? A permanent mail of credit score is a financial instrument used by banks to guarantee a customer's obligations to a supplier. It is perm

Job order costing, Bedovin company manufactures office tables and chairs us...

Bedovin company manufactures office tables and chairs using job order costing. The data given below were taken from the records as of April 30, the first month of operations. Job

Classification of raw data with example tables, Classification of raw data ...

Classification of raw data on the basis of homogeneous characteristics

Substitution and income effects , Managers are very interested in how ...

Managers are very interested in how a consumer makes choice among alternatives. In this exercise, we ask you to consider the price of gasoline you may purchase to operate

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd