Survival on the Titanic: Illustrating Wald and Lagrange Multiplier Tests for Proportions and Logits
Abstract
Students are interested in lecture examples and class exercises involving data connected to the maiden voyage and the sinking of the liner Titanic. Information on the passengers and their fate can be used to explore relationships between various tests for differences in survival rates between different groups of passengers. Among the concepts the authors examined are tests for differences of proportions using a normal distribution, a chi-square test for independence, a test for the equality of two logits, and a test for the significance of the coefficient of a binary variable in logit model. The authors examined the relationship between Wald and Lagrange Multiplier test statistics and give two related examples.Download Info
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Article provided by Helen Dwight Reid Foundation in its journal The Journal of Economic Education.
Volume (Year): 37 (2006)
Issue (Month): 3 ()
Pages: 289-304
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Handle: RePEc:jee:journl:v:37:y:2006:i:3:p:289-304
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Related research
Keywords: contingency table; difference in proportions; logit model; statistical tests;Find related papers by JEL classification:
- A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
- A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
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