Module 5

Asymptotic Efficiency Simulation

Compare OLS with an alternative consistent estimator in simulation.

Loading notebook...asymptotic efficiencysimulationestimator comparison

Notebook lab guide

Related dataset

SIMULATION

Estimated time

35 to 55 min

Packages

pandas, numpy, scipy

Expected output

Simulation output showing how estimates or test statistics behave as sample size changes.

Learning goals

Common errors

File not found: check that WAGE1.csv is installed or use the course data folder.
Package import error: use the browser notebook first, then download for local Jupyter if your local packages differ.
Column name error: compare your variable names with the dataset variables listed for this notebook.

Dataset path helper

import pandas as pd

df = pd.read_csv("/data/module-5/WAGE1.csv")
df.head()

Loading notebook runner...