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1 Gretl Empirical Exercise 1 At this point you all should have downloaded and installed Gretl. If you have not yet done so, do this now using the instructions in the syllabus!Getting Started with...

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1 Gretl Empirical Exercise 1 At this point you all should have downloaded and installed Gretl. If you have not yet done so, do this now using the instructions in the syllabus!Getting Started with GretlOnce you have successfully installed Gretl you should have a Gretl icon on your desktop that looks like this: Double-click this icon to open the program, you should see this screen: This is the Gretl main page and it is what you will see every time you open Gretl.
2 As you can see, right now it says that no datafile is loaded, so the first thing we need to learn to do is load data into the program. Loading Data into Gretl Let’s first load a sample dataset provided by Gretl. In the toolbar click: file > open data > sample file: The following screen will appear: Be sure the “Gretl” tab is selected on top and then scroll down until you see the file with name “engel” (see screenshot below), double-click on this file name.
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Gretl Empirical Exercise 1 At this point you all should have downloaded and installed Gretl. If you have not yet done so, do this now using the instructions in the syllabus! Getting Started with Gretl Once you have successfully installed Gretl you should have a Gretl icon on your desktop that looks like this: Double-click this icon to open the program, you should see this screen: This is the Gretl main page and it is what you will see every time you open Gretl. 1As you can see, right now it says that no datafile is loaded, so the first thing we need to learn to do is load data into the program. Loading Data into Gretl Let’s first load a sample dataset provided by Gretl. In the toolbar click: file > open data > sample file: The following screen will appear: Be sure the “Gretl” tab is selected on top and then scroll down until you see the file with name “engel” (see screenshot below), double-click on this file name. 2You have now loaded this dataset into memory and will now see this screen: You can see that there are three variables included in this dataset. Gretl automatically generates a constant term (this is useful when we begin to run regressions). Also included is data on annual food expenditures and household income, both of which are measured in Belgian Francs. Now, in order to see what types of values our variables take on we would like to display the data in a table… 3

Answered Same Day Dec 22, 2021

Solution

David answered on Dec 22 2021
126 Votes
1. The following displays the data (first 15 rows):
CM FLR PGNP TFR
1 128 37 1870 6.66
2 204 22 130.0 6.15
3 202 16 310.0 7.00
4 197 65 570.0 6.25
5 96 76 2050 3.81
6 209 26 200.0 6.44
7 170 45 670.0 6.19
8 240 29 300.0 5.89
9 241 11 120.0 5.89
10 55 55 290.0 2.36
11 75 87 1180 3.93
12 129 55 900.0 5.99
13 24 93 1730 3.50
14 165 31 1150 7.41
15 94 77 1160 4.21
2. The following shows the summary statistics for CM:
Summary Statistics, using the observations 1 - 64
for the variable CM (64 valid observations)
Mean Median Minimum Maximum
141.500 138.500...
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