Homework #2

Due 8am Friday Sept 20, 2013

Econ B2000, MA Econometrics

Kevin R Foster, CCNY

Fall 2013

 

 

Each student should submit a separate assignment, even if it is an identical computer file to the rest of your study group.  When submitting assignments, please include your name and the assignment number as part of the filename.  Please write the names of your study group members at the beginning of your homework.  

 

1.       What are the names of the people in your study group?

2.      Find some additional data for a Benford’s Law analysis (hint: for many economic and financial variables, take the change rather than the level), graph it.  Consider how likely it is, to follow Benford’s Law – can you suggest some measure?

3.       Download and review the spreadsheet for lecturenotes2.xls – can you replicate similar calculations in SPSS or R?  How could you improve some of the approximations?