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

Treatment of cst and vat, Treatment of CST and VAT in Sales Book A suppl...

Treatment of CST and VAT in Sales Book A supplier who expenses the CST for inter declares purchase by him, is responsible to first deposit the gathered CST from bought to Got Co

Four characteristics and functions of statistics, highlight four characteri...

highlight four characteristics and four functions of statistics

Use this information to construct the 90% and 95% confidence, From random s...

From random sample of 48 days in a recent year, U.S. gasoline prices had a mean of $3.63. Assume the population standard deviation is $0.21?

Why is interest expense a no operating expense, Why is interest expense a n...

Why is interest expense a no operating expense? Attention cost is a no operating cost when it is not part of a business's primary functions. For example, a store's primary func

Standard error of the differnce between means., IN two separate studies, th...

IN two separate studies, the actual difference between the means of a treated group and untreated group is 3 points. However, in one study sm1-m2 is very large and so the 3 points

Probability, The monthly income of a company employee is normally distribut...

The monthly income of a company employee is normally distributed with the mean Rs. 20,000 and standard deviation of Rs. 5000. a) Find the probability that an employee earns more th

Compute the z scores, 1. Compute the z scores for the following raw scores ...

1. Compute the z scores for the following raw scores where   = 78 and the standard deviation = 4. a. 72 b. 82 c. 78 d. 87 e. 71

Definition, Definition of statistics according to Prof. Ya lu chan

Definition of statistics according to Prof. Ya lu chan

Determine the probability - baye theorem, In a suburban community, 30% of t...

In a suburban community, 30% of the households use Brand A toothpaste, 27% use Brand B, 25% use Brand C, and 18% use Brand D. In the four groups of households, the proportions of r

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