Quant Session 5

How are people doing?

• I kind of like taking class from bed

• What happened to real snow days??

• Sad there's no raffle and snacks this class :(

• Just now realizing the Midterm is in 2 weeks...

• All of the above.

Tags

CCSS.RL.2.6

CCSS.RL.8.3

Consider the following table from Question 1 of Homework 4.

Which substantive write-up is the BEST?

• The preponderance of the sample (96.16%) have limited economic power.

• The vast majority of the sample have limited economic power, meaning they had no savings and did not engage in wage earning activities.

• At baseline, the preponderance of the sample (96.16%) have limited economic power, meaning they had no savings and did not engage in wage earning activities.

Tags

CCSS.RI.11-12.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.8.7

CCSS.RL.9-10.7

Question 1 of the homework asked you to create a new variable (econpower) based on the variables wknt1 and savnt1.

You do NOT need to make any changes to savnt1 and wknt1 in order create econpower.

True or False: You MUST still create new variables (Ex. gen wknt1_d = wknt1) before creating econpower.

• True

• False

Question 1 from homework asked you to recode econpower into the following categories:

^{0 “no savings account and no wage earning”}

^{1 “has savings account, but not engaged in wage earning”}

^{2 “engaged in wage earning, but no savings account”}

^{3 “has both savings account and is engaged in wage earning”}

Identify the red flag from the following output.

• Most of the sample does not have savings and is not engaged in wage earning.

• There are values outside of the theoretical range.

• The N is wrong.

What is the red flag in this output?

• There is an unusually large amount of missing data!

• The N is wrong.

• There is no missing data.

Check out this syntax. What essential step is missing?

• Checking recodes with tab or tab1

• Renaming q37a_d to q37a & q37b_d to q37b

• Nothing! This looks perfect.

Which is NOT a way to create a new variable?

• Start from scratch

  gen q40a = .

• Make an exact copy

  gen q40a = q40

• Do the math

  q40a = q39a + q39b + q39c

• Change the name

  rename q40 q40a