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Tag: Statistical significance

Discuss both econometric and economic interpretation of your results.Start from simple baseline and then present results of more sophisticated models.

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Econometrics-STATA software Instructions for the Results part: 1. Present results in clear and neat excel tables pasted in your coursework document. Do not include screenshots or tables copy/pasted directly from STATA. Use the appropriate commands to extract results in Excel tables. 2.Discuss both econometric and economic interpretation of your results. 3. Start from simple baseline […]

Demonstrate knowledge of advanced aspects of big data analytics.Assess the statistical significance of data mining results.

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Suppose you are a quantitative analyst specializing in big data and machine learning. Your manager is asking you to write a research report on a finance-related topic using big data techniques. Examples include studying the relationship between two financial variables, designing risk management strategies, implementing trading strategies on different assets, optimizing your investment portfolio, forecasting […]

Discuss However, if a result is statistically significant, does that mean it is practically significant or important? Provide an example.

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Statistical significance means there is certainty in the results not being due to chance. However, if a result is statistically significant, does that mean it is practically significant or important? Provide an example.

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