Press Release by the Bureau of Labor Statistics. All employees Real average hourly earnings for all employees increased 0.4 percent from December to January, seasonally adjusted, the U.S. Bureau of Labor Statistics […]
Real Earnings and the use of Dubious Statistics.
The use of the Average Statistic deceives readers very often whenever the Mean gets severely affected by outliers within the data. One of the most repeated critics to data analysts is the […]
31 Data Sources, Surveys and Metrics for Doing Research on U.S. Labor Market.
If your research project encompasses facts on U.S. Labor Market, here are some useful data sources and metrics that might illuminate insights for your research. Although there might be some discrepancies between […]
14 Data Sources, Surveys and Metrics for Doing Research on U.S. Macroeconomic Performance.
If your research project encompasses facts on the Macroeconomic Performance of the U.S. Economy, here are some useful data sources and metrics that might illuminate insights for your research. Although there might […]
20 Data Sources and Surveys for Research on U.S. Economic Prospective.
If your research project involves aspects on the general prospective of U.S. Economy, here are some useful data sources, surveys and metrics that might illuminate insights for your research. Although there might […]
Check your regression analysis for these 7 Assumptions.
Econometricus.com: A Quantitative Research Consulting Firm. At Econometricus.com we help clients to get statistical data straight and accurate as much as possible. No matter whether our client is a lawyer supporting a […]
Traditional statistics proceedings for analysis of data: simple linear regression.
Steps in traditional statistics proceedings for analysis of data: 1. Formulation of Hypothesis. 2. Description of Mathematical model. 3. Collecting and organizing data. 4. Estimation of the coefficients. 5. Hypothesis testing and […]
Some criteria in evaluating results of a Regression Analysis.
Once you are done with your statistical modeling process, it is time to evaluate the overall soundness of your work. • First, do the signs of the estimated coefficients correspond to what […]