What determines success at the Winter Olympics? Does population matter? Income? Or is it simply a matter
Question:
What determines success at the Winter Olympics? Does population matter? Income? Or is it simply a matter of being in a cold place with lots of mountains? Table 2.6 describes variables in olympics_HW.dta related to the Winter Olympic Games from 1980 to 2014.
(a) Summarize the medals, athletes, and GDP data.
(b) List the first five observations for the country, year, medals, athletes, and GDP data.
(c) How many observations are there for each year?
(d) Produce a scatterplot of medals and the number of athletes. Describe the relationship depicted.
(e) Explain any suspicion you might have that other factors could explain the observed relationship between the number of athletes and medals.
(f) Create a scatterplot of medals and GDP. Briefly describe any clear patterns.
(g) Create a scatterplot of medals and population. Briefly describe any clear patterns.
(h) Create a scatterplot of medals and temperature. Briefly describe any clear patterns.
Step by Step Answer:
Real Econometrics The Right Tools To Answer Important Questions
ISBN: 9780190857462
2nd Edition
Authors: Michael Bailey