Kind of a little SOS

Nov 29, 2007 22:00

I need help, is anyone out there familiar wist SAS (Statistical Analysis Software)? I have to use it to do a project for my Econometrics class and I can't figure it out for the life of me. If anyone out there can help me with this over the weekend I would be eternally grateful. Sadly I seem to have exhausted my lines of inquiry here. No one in the ( Read more... )

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coriolinus November 30 2007, 18:02:10 UTC
Keep in mind that I haven't used statistics in years, so you'll have to re-explain certain concepts for me. For example: I don't even know what a simultaneity problem is.

I think I'll start by rephrasing the problem to make sure I have it right: you have a dataset on fish sales. You have a dataset on ocean conditions. Your objective is to statistically link ocean conditions to fish sales.

I just don't know the SAS way of doing things. I haven't yet seen the datasets, so I don't know what sort of information they contain. Given all that, my attempt would be structured something like this:

1. Ignore Excel (not powerful enough for the task) and SAS (because I don't know how to use it), and jump straight to using Python.
2. For each day of fish sales:
2A. Determine whether the sale price was above or below average
2B. If above average, throw the associated ocean conditions into an 'above average' bin
2C. If below average, throw the associated ocean conditions into a 'below average' bin
3. Determine the most common conditions in each bin.
4. Done!

Of course, I don't know if that even solves the actual problem you were assigned. If you'd like to move this conversation to email so that we can continue with attachments and so forth, I'm coriolinus @ gmail.

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