8/10/2019 Discussion Question 6
2/3
GDP C : The simulated gross domestic product for macroeconomic
policy C from its
hypothetical' inception in year 0 until the year 20XX
Real data only available for GDP curr up to year 2011. Of course
if you are critical, there arealways validity and reliability
issues with any secondary data.
Simulated data for GDP A , GDP B , and GDP C; and even for GDP
curr after 2011 to 20XX
Hypothesis:GDP A should be the highest GDP, compared to other
GDPs i.e. GDP Curr , GDP
B and GDP C
Statistical Operationalization of Hypothesis Why dont you think
about it.
We will begin our class from this point Students must not be
fooled and humbled by so called sophisticated mathematical and
statistical techniques. Even the most sophisticated techniques
i.e. techniques approaching the
level of rocket science can be simplified
Hint: If you are pathetic, clueless and just don't know what to
do... why not you look at Chapter10 - Comparing Several Means ANOVA
GLM 1 of this book:
Discovering Statistics Using SPSS (and sex, drugs and rock 'n'
roll), 3rd edition.pdf PDF
document
Caveat: your Economics lecturer, associate professor or
professor may not agree with thisapproach; but you should not
believe them... because according to Karl Popper:
Science does not ask how the scienti st has got his ideas; it is
only interested in arguments that
can be tested by everybody.
Adapted from Karl Popper (1945) Open Society and Its Enemies
Volume II Chapter 11Section 2
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