1 / 8

Chapter 3

Chapter 3. Graphics. Getting Data. Bureau of Labor Statistics Census Bureau FRED-St. Louis Federal Reserve Penn World Tables Bos’s Homepage DRI S&P Database. Things to check. Reputation of data source Is your data nominal or real? Is your data seasonally adjusted?

elaine-wade
Download Presentation

Chapter 3

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chapter 3 Graphics

  2. Getting Data • Bureau of Labor Statistics • Census Bureau • FRED-St. Louis Federal Reserve • Penn World Tables • Bos’s Homepage • DRI S&P Database

  3. Things to check • Reputation of data source • Is your data nominal or real? • Is your data seasonally adjusted? • Is the data annualized? • Is the data expressed as a percentage? • KNOW WHAT YOU ARE MEASURING!

  4. Graphs • Univariate • Time series plot • Histogram • Multivariate • Scatterplot • Bar Charts • Pie Chart

  5. Items to check on a graph • Is there a linear relationship? • Is there seasonality? • Are there outliers? • Is the data roughly normally distributed?

  6. Tricky graphs • Aspect Ratio • Chartjunk • Scale • Units

More Related