Introduction: Stories, Data and Statistics
Matthew Holian
Chapter Chapter 1 in Data and the American Dream, 2021, pp 3-31 from Springer
Abstract:
Abstract This chapter describes the American Community Survey (ACS) and how to use microdata from it to calculate descriptive statistics and make inferences about cause and effect social relationships. It introduces the core statistical technique of regression. This chapter emphasizes an intuitive understanding of techniques and concepts, and defines and clarifies dozens of key terms used in econometric research. Questions for Review at the end of the chapter, on topics including sample weighting and inflation adjustments, illustrate the use of empirical best practices to those readers either beginning in econometrics or with experience but looking to add a valuable new data source to their repertoire.
Keywords: Survey data; Microdata; Descriptive statistics; Causal inference; Regression; Econometrics (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-64262-4_1
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DOI: 10.1007/978-3-030-64262-4_1
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