Percentage of population in poverty

First: To make an excel, and a description of data in pdf.

Percentage of population in poverty (living with less than $1.9 per day per person). Your population would be all the countries in the world in a specific year, and then you could select a random sample of countries from the population. Here you have the link to download it:

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https://databank.worldbank.org/reports.aspx?source=2&series=SI.POV.DDAY&country=WLD

 

In order to select the random sample in Excel you can follow these steps:

1. You create an excel file with two columns: one is the name of each country and the other one is the percentage of population in poverty per country.

2. Next to these two columns, you create a new one that you can name “randomization”.

3. In the randomization column you type =rand() for the first country and then you copy and paste for the remaining countries. This is going to create random numbers for each of the countries.

4. You select the randomization column, copy and paste values. That way, this will remove the formula =rand() and the numbers will not change.

5. You select the randomization column and click on sort, from smallest to largest, and you expand the selection. By doing this, countries will no longer be ordered by alphabetical order, but based on the random numbers.

6. Then, you can select the observations from your sample by selecting countries from the top of the excel file (since they are no longer ordered in alphabetical order).

 

A nice sample size can be of around 50 counties.

 

Second, to answer these questions,this should be structured as an essay(1/2 double-spaced page)

1.a clear statement of your research question. That is what is the variable you would like to analyze.

2.an introduction that motivates your research question,i.e.why you have selected that variable.

3.A brief description of the data you plan to use in your application. Source of data,units of measurement,period of analysis,etc.

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