- From https://databank.worldbank.org/source/world-development-indicators, or http://data.imf.org choose any 3 variables that have relationship to
each other but from completely different areas. Select at least 10 countries for 10 years. ( 2 marks)
- Introduce the variables and explain the possible relationships among variables with the help of literature. (3 marks)
- Pool the data according to the variables, each variable consists of 100 observations. (0.5 marks)
- For each variable identify the level of measure as nominal, ordinal, interval, or ratio. For quantitative data, also note if they are discrete or
continuous. (0.5 marks)
- For each variable construct a grouped frequency distribution using “Histogram” in “Data Analysis”. Draw a histogram, frequency polygon, Pareto and
ogive (cumulative percentage) for the distribution. (2 marks)
- Describe briefly the shape of the distribution using histogram and information of Kurtosis and Skewness. (0.5 marks)
- Using “Descriptive Statistics” report the results for each variable and interpret in your own words. (1 mark)
- Calculate percentile 55 and decile 4 for each variable. (0.5 marks)
Sample Solution