Regression analysis

• Dec 9th 2011, 10:07 AM
AndrewFFC1
Regression analysis
Just to give you a little bit of background infromation I am undertaking a methodolgy for a piece of Economics (This is University level but as the university level algebra said basica algbra it not inteded for that section I felt this the most appropriate place) coursework and as someone on an Applied Economics course and numerically illiterate I need some help to form a regression analysis of two sets of data.

Essentially what I want to do is have a model for comparing two sets of data, namely gdp growth of a cross section of countries with the strength of their intellectual property, which will be indexed in numberic form. As this is a methodology I simply have to state how I will feed the data into regression analysis as opposed to enacting it.
What I need is a model that will allow me to compare the two sets of data

Any help greatly appreciated
Andrew
• Dec 9th 2011, 11:19 AM
pickslides
Re: Regression analysis
MS-excel will do it.
• Dec 9th 2011, 11:34 AM
AndrewFFC1
Re: Regression analysis
Pickslide how so?

Im not actually using or collecting any data or practically. Just construction a mathematical formula by which I can compare the two variables

What I am trying to achieve is here but I dont really have a comprehension of what to pick out (unfortuntely this may be blocked unless connecting through an educational institution.)

INTELLECTUAL PROPERTY RIGHTS AND ECONOMIC GROWTH - PARK - 2007 - Contemporary Economic Policy - Wiley Online Library
• Dec 9th 2011, 12:03 PM
pickslides
Re: Regression analysis
Enter the data into excel, grpah them using a scatterplot. Once you have the scatterplot, right click on the plot and pick "add trendline", choose linear, go to "options" and tick "display equation on chart"
• Dec 10th 2011, 09:11 AM
AndrewFFC1
Re: Regression analysis
Pickslides im not sure if you are understanding me. There is no data. This is purely theoretical, I am just seeking to make an appropriate model. Ive copied and pasted this from the assignment requirment:

'A discussion of how the data will be analysed in support of the aims and
objectives of the proposed study. For example, specify the precise functional
form of any regression analysis to be undertaken. (cont.)'
• Dec 10th 2011, 12:53 PM
skeeter
Re: Regression analysis
Quote:

Originally Posted by AndrewFFC1
Pickslides im not sure if you are understanding me. There is no data. This is purely theoretical, I am just seeking to make an appropriate model. Ive copied and pasted this from the assignment requirment:

'A discussion of how the data will be analysed in support of the aims and
objectives of the proposed study. For example, specify the precise functional
form of any regression analysis to be undertaken. (cont.)'

you want advice on finding a model that fits a "theoretical" set of data that does not exist ... is that what you're saying?
• Dec 10th 2011, 02:20 PM
AndrewFFC1
Re: Regression analysis
Quote:

Originally Posted by skeeter
you want advice on finding a model that fits a "theoretical" set of data that does not exist ... is that what you're saying?

Yes, exactly this
• Dec 10th 2011, 02:36 PM
skeeter
Re: Regression analysis
Quote:

Originally Posted by AndrewFFC1
Yes, exactly this

Good, I am also waiting ... luv to see that response and the subsequent explanation on how it works.
• Dec 10th 2011, 07:59 PM
CaptainBlack
Re: Regression analysis
Quote:

Originally Posted by AndrewFFC1
Pickslides im not sure if you are understanding me. There is no data. This is purely theoretical, I am just seeking to make an appropriate model. Ive copied and pasted this from the assignment requirment:

'A discussion of how the data will be analysed in support of the aims and
objectives of the proposed study. For example, specify the precise functional
form of any regression analysis to be undertaken. (cont.)'

This is economic theory not mathematics. Thread closed.

CB