statistics

[trenna]

does anyone have a collection of statistics from the past year?

[AppleXY]

Read the STICKY topic above you.

http://vcenotes.com/forum/index.php/topic,29.0.html

[xXNovaxX]

sorry- but what does sticky men

[Glockmeister]

sorry- but what does sticky men

That has gotta end up on taking quotes out of topic

[xXNovaxX]

not really. It's betetr than having a single reply to a whole thread. And since it was BOLDED, i thought I should ask. If you knew any better you would have actually answered the question, and then it wouldn't be off topic. And seeing I wanted to do as AppleXY suggested, I need to know where to click (thus I ask what a sticky is)

[ReVeL]

Stickied threads are the bolded ones up the top of the board that remain up there regardless of the creation of new threads. They are stickied because they are seen to be of more importance than just the average question and answer thread.

And I think Glockmeister was making a joke at this:

sorry- but what does sticky men

[xXNovaxX]

Oh! Apologies Glockmeister, and Revel. I didn't see my error . I feel like an idiot now. I didn't mean to go and shoot words!!!! I just interepeted your reply as criticism, that you were saying i was going OFF-TOPIC (by asking a question). hahaha.

LOL, well at least my stupidity and embarrassment can be my payback

eeew sticky men 

[xXNovaxX]

On the topic of statistics. I understand you have to cite your resoruces etc on the exam. But to be honest, what if you FORGET, or there is a source which provides a correct figure, but it sounds "unknown" or "dumb". Also I cannot memeroise the soruce of the statsitics soemtimes.  Is it okay to state statsitics without actual sources? Would examiners take it seriously, as a sign of knowledge, I believe having statistics without resources is better than nothing.

[ReVeL]

I don't think citing resources is that important really. I don't think I did on last years exam. Most of the figures you'll be quoting are compiled by the ABS which is fairly common knowledge and probably not necessary to be stating. Better safe than sorry though I guess.

[mtwtfss]

Where does it say we have to cite our sources?
Link?

[xXNovaxX]

For one it's common sense. Be it a hsitory essay, englsh essay, or a uni project it's drilled in that you must cite your resources....bibliography ring a bell? Or footnotes?

And it's is i think i recall in VCAA examiner reports, but can't be bothered going through  several years worth

But  here http://economics.mrwood.com.au/statistics/

[xXNovaxX]

hey Moshi.

Truth is, i DON'T i really don;t see how and what i need to memorize. I did a practice exam, and on that year (2004), the y had a chart of economic GDP/growth over decade and i just used some of the figures haha, it was easy.

But I really don't have time to memorize stats, for starters, theres soooooo much e.g. inflation, interest rates, unemployment,m GDP, CPI, etc etc

and THEN, theres memorizing the source! How on earth can you do that "this is from the Herald Sun on February 2008" for like 10 stats, as if! Too difficult. I don't think it makes up a A student from A+

[xXNovaxX]

Um, I wouldn't even cite them I don't think? Since they would know its on the graph? OOO, actually, below each graph on the exam it says the source. The 2004 one said
"Various RBA editions" or something like that. So you would copy what it says below the graph/table.

[mtwtfss]

1. Of course you're expected to use the statistics given to you on the exam, why else would they provide them.

2. Including other statistics and examples in your exam paper will definitely be looked upon with respect by the examiner, it shows an instant depth of knowledge to the assessor.

Recent statistics such as economic growth, inflation, unemployment, budget deficits/surpluses, interest rates etc. should become second nature to you and will allow you to answer in a level of depth that 95% of the cohort cannot do.

You should be able to match these figures to specific indicators: 0.6%, 3%, 7.25%, 1.5%, 5.8%

For example, if a question asked you to talk about the success or otherwise of the response to the global financial crisis by the government's fiscal policy. Including a reference to treasury stating that economic growth would be -1.3% in 2008-2009 without the stimulus, but is infact 0.6% due to the stimulus is a pretty powerful statement to back up your response and will probably earn you a mark outright.

So yeah, use stats and examples, they'll cream and give you marks

Note: treasury are a tad bias so its best not to actually believe them, nevertheless use them in the exam

[xXNovaxX]

no no, i think he/she (sorry forogt the perosn im on page  2 of the thread), means like on a DIFFERENT question, not the one directly requiring you to use stats.

hahaha treasury sure are bias! Its amusing to read Treasury predictions against ANZ or RBA. LOL. Treasruy always believes unemployment will be lower than RBA/ANZ by like .5 to 1% haha. All those thousands of souls without work a mere figure.

lol @ they'll cream. eeeew, 60 year old examiners. :|. I hope I'm not using the wrong kind of cream :|. okay, plz move on. gross.