This website uses cookies to ensure you have the best experience. Learn more

Statistics And Econometrics Essay

366 words - 2 pages

Statistics and Econometrics

Mid-Term – Bank Loan Default
I. Introduction
The question requires us to understand what factors could lead to people defaulting on their loans. The variables that will be discussed include age, education, employment, address, income etc. An overview of the data will be provided along with assessing inter-relationships among variables as well as providing a good fit model.
II. Overview of Data
The sample includes 700 observations in the data set based on the ...view middle of the document...

The average years that a person stays with their current employer are 8.38 years. The minimum is 0 years and the maximum is 31 years with the employer.
The average years that a person stays at their current address is 8.27 years. The minimum is 0 years and the maximum that someone will stay at their current address is 34 years.
The average household income in thousands is 45.60. The minimum household income in the sample is 14 and the maximum is 446 thousand dollars.
The average debt to income ratio (x100) is 10.26. The minimum debt to income in the sample is 0.4 whereas the maximum ratio was 41.3.
The average credit card debt is 1.55. The minimum credit card debt is 0.012 whereas the maximum credit card debt is 20.56.
Default being the independent variable, I conducted a “tab default” command, which showed that 517 people or 73.86% of the total sample have not defaulted on their bank loans. On the other hand, the remaining 183 people or 26.14% of the total sample have defaulted previously on their bank loans.
Using the tab command for high school, some college and college degree, we find that out of all the 700 observations, 502...

Other Papers Like Statistics And Econometrics

Economics Q & A Essay

1071 words - 5 pages analysis of economic theories through the use of inferential statistics and mathematics. ( It has a lot of use in economics, for instance econometrics has been used to find the positive relationship between consumption and income to come up with the Keynesian consumption function, whose slope is MPC or marginal propensity to consume. Another example of it is to find the relationship between labor force

Frm Syllabus Essay

1406 words - 6 pages Financial Statistics and Econometrics 1. Introduction to Financial Statistics a. Frequency distributions b. Measures of Central Tendency/Location (Mean/Mode/Median) c. Dispersion, Measures of Dispersion (Variance/SD/Quartiles/Percentiles/Ranges) and its relevance to Risk Management d. Correlations 2. Introduction to Probability Theory a. Random variables b. Probability and its uses c. Probability Rules d. Conditional Probabilities e

Abc Def Ghi Jkl Mno

1848 words - 8 pages | IDSS 31081: Pre-MSc Statistics | MGTM 31407: Leadership and Diversity Chair Seminar | FINM 31266: Trading et organization des marches financiers | IDSS 31161: Introduction to Econometrics | MGTM 31402: Séminaire de Recherche en Management | FINM 31270: Options | IDSS 31165: Big Data Analytics | MGTM 31421: Research Seminar in Management | FINM 31271: Options | IDSS 31201: Forecasting | MGTP 31100: Théorie et Comportement Organisationnel


3933 words - 16 pages "econometrics" (in cognate form) was by Paweł Ciompa in 1910. Ragnar Frisch is credited with coining the term in the sense that it is used today.[4] Econometrics is the unification of economics, mathematics, and statistics. This unification produces more than the sum of its parts.[5]Econometrics adds empirical content to economic theory allowing theories to be tested and used for forecasting and policy evaluation.[6] Game theory is a study

Investment & Finance

1092 words - 5 pages  who aim to pursue a career in finance and other, related areas, this programme provides a unique set of perspectives on how financial markets operate, grounded in economic and financial theory and practice. You will follow a programme of four modules per semester, followed by a 10,000 word dissertation. There are also pre-sessional modules in maths and statistics, providing a good opportunity for students to refresh their knowledge


2717 words - 11 pages Descriptive and Inferential Statistics ________________________________________ Statistics can be broken into two basic types. The first is known as descriptive statistics. This is a set of methods to describe data that we have collected. Ex. Of 350 randomly selected people in the town of Luserna, Italy, 280 people had the last name Nicolussi. An example of descriptive statistics is the following statement : "80% of these people have the

The Changing Geographies Of Manufacturing In The Uk Since The 1970s

2426 words - 10 pages times of imperialism, its influence remains and has left very visible marks on today's world. Reference List (2010). "Cambridge Econometrics analysis of ONS." from (2013). "OECD." from (2013). "Office for National Statistics." from Coe, N. M. and A. M. Jones (2010). The economic geography of the UK. London, SAGE,: xvi, 264 p

Us Skewness

1460 words - 6 pages model and interpret it! steps: a. Show the SRF b. In “Model Summary” c. In “ANOVA” table d. In “Coefficients” table Interpret R-square! Show the table, interpret F-value and the null hypothesis! Show the table and interpret beta values! e. Show the residuals statistics and residuals’ scatter plot! If there is no significance of the model, interpret it like this: “X variable is little helpful for explaining Y variable.” or “There is no linear

Personal Statement

1057 words - 5 pages and statistics knowledge were involved to publicize to potential customers. The final presentation left a deep impression on all the judges. At the end of my internship, a research report based on the internal data and my analysis of on-line recruitment industry was generated. My manager Nick, responsible for the Greater China market, hoped for me to become a full-time employee after my graduation. This semester I am taking Econometrics

Five Forces Model of Airline Industry

1644 words - 7 pages supplementary slides has also been provided as background information and further case studies 2. Some databases that may be useful in providing basic industry information: a) Basic industry statistics relating to industry concentration ratios can be accessed on the link below. These statistics are Australia Bureau of Statistics, Industry Concentration Statistics, 8140.0.55.001, released 6/12/2002, Canberra.

Franco Modigliani

2663 words - 11 pages the Modigliani. Completing his postgraduate studies at the New School in 1942, M. simultaneously began teaching at the Women's College of New Jersey, and in 1942-1944. was assistant in the Department of Economics and Statistics at Bard College at Columbia University. In the January issue of the journal "Econometrics" ("Econometrica") for 1944 appeared first published in English article M. "liquidity preference theory and Interest and Money

Related Essays

Subjects Nova Essay

2277 words - 10 pages . Pedro Santa Clara Class: TB - Room: A223 2237 | Financial Econometrics | Prof. Paulo M. M. Rodrigues Class: TA - Room: A223 2414 | Financial Management | Prof. Melissa Prado Class: TA - Room: 219 2430 | Advanced Marketing | Prof. Jorge Velosa Class: TB - Room: 219 2430 | Advanced Marketing | Prof. Jorge Velosa Class: TA - Room: 219 2414 | Financial Management | Prof. Melissa Prado Class: TB - Room: 240 2253 | Corporate Finance

Content And Description Of Courses In Economics Department At The University Of Jos

1194 words - 5 pages interest and probable future development. ECO 111 and 121 – Introduction to Statistics I & II Definition and scope of Statistics, use of statistics in everyday life, levels of measurement in social sciences, Distributions and comparisons, Types and techniques of data presentation; sources and nature of published data in Nigeria and their uses and limitations; methods of data collection – Census and surveys, Population and sample. Measures of

The Effects Of Macroeconomic Evils On Property And Violent Crimes In Malaysia

6868 words - 28 pages , B. E. (1996). Residual-based tests for cointegration in models with regime shifts. Journal of Econometrics, 70, 99-126. Grogger, J. (1992). Arrests, persistence youth joblessness, and black/white employment differentials. Review of Economics and Statistics, 74, 100-106. Habibullah, M. S. & Baharom, A. H. (2009). Crime and economic conditions in Malaysia. International Journal of Social Economics, 36, 1071-1081. Habibullah, M. S. & Law, S

Econometrics Essay

1150 words - 5 pages ACKNOWLEDGEMANT First of all, we are grateful to The Almighty God for establishing strength to us to complete this report that given by our lecturer. We are really grateful because we manage to complete our assignment in subject Econometrics within the time given by our beloved lecturer. We are very thankful to our Econometrics lecturer, Sir Abdul Razak Bin Jambari, for his valuable guidance, encouragement, and co-operation until the report