HOME ASSIGNMENT
You will receive an e-mail describing the details of YOUR assignment.
Visit http://databank.worldbank.org/data/reports.aspx?source=world-development-indicators filter the list by the indicator written in this e-mail. Download the Excel data set to your computer.
You should analyze the data on the world’s «Indicator» in year «Year». In addition to the overall statistical analysis compare (and contrast) the performance of «Country» in year «Year» with the world’s overall performance in terms of the yearly «Indicator». You should also do the same analysis on your home country’s «Indicator».
The analysis should be presented in a 2000 words essay (written in MS Word) including all necessary information. (Your reader should be able to understand it without any further study in economics and without seeing your Excel file).
Papers shorter than 1800 or longer than 2200 words fail automatically.
The sample data and a sample essay are available on Moodle. You find a front page as well, please fill it in with the necessary information and use it as the front page of your document.
For the data analysis follow the following guideline:
1) Describe briefly the variable of your interest.
2) Provide a tabular summary of the given variable. (Use 8 classes to construct the frequency distribution)
3) Display a histogram on your data, and describe the information summarized by the histogram in a few sentences.
4) Display one or more boxplots of your data and describe them.
5) Describe the important measures of location, their possible relationship, and explain their meaning to the reader.
6) Describe the important measures of variability, and explain their meaning to the reader.
7) Describe the important measures of shape and explain their meaning to the reader, and (if possible) connect it to the measures of location and variability.
8) Compare the performance of the selected country (…) with your home country and with the overall data on …
