The following post explains how to enable GUI root access on Debian 11. Instructions for Debian 11 are similar and can be found here. At this point I should warn you that using the root account is dangerous as you can ruin your whole system. Try to follow this guide exactly.

# Confidence Intervals R Code Part 1

The following code produces confidence intervals in R using the normal distribution and confidence intervals using the t-distribution.

The code reproduces the figure 1 presented in this post.

Continue reading Confidence Intervals R Code Part 1# Linear Regression in Julia 1.0

Julia presents various ways to carry out linear regressions. In this previous post, I explained how to run linear regression in Julia using the function *linreg().* Unfortunately, *linreg() *is deprecated and no longer exists in Julia v1.0.

In this post I will present how to use the native function of Julia to run OLS on the following model

Continue reading Linear Regression in Julia 1.0# What is the difference between using the t-distribution and the Normal distribution when constructing confidence intervals?

This blog post explains the difference between confidence intervals that use the t-distribution and confidence intervals that use the Normal distribution. Thereby, the post will not focus on the theoretical/mathematical differences of the two distributions, but rather compare the two types of confidence intervals using simulation studies. Furthermore, in case you are interested in replicating the presented results or simply play around with it yourself, I provide the R code to conduct the simulation exercises and to replicate the figures.

Continue reading What is the difference between using the t-distribution and the Normal distribution when constructing confidence intervals?# Upgrade Debian 9 to 10

In this post, I am going to explain how to upgrade Debian 9 to Debian 10. You can enter the following eight steps in your terminal:

Continue reading Upgrade Debian 9 to 10# How to Enable Gui Root Login in Debian 10

In this post I am going to explain how to enable GUI root access on Debian 10. It is very similar to enabling Gui Root Login in Debian 8 and to enabling Gui Root Login in Debian 9. At this point I should warn you that using the root account is dangerous as you can ruin your whole system. Try to follow this guide exactly.

Continue reading How to Enable Gui Root Login in Debian 10# Confidence Intervals in R

In this post, I will show how one can easily construct confidence intervals in R. Assume you have a vector of numbers and you want to construct a confidence interval around the mean of this vector. The subsequent R code shows one easy way to calculate the confidence interval around the mean of this vector. The following code loads a function that allows you to pass on the vector and returns the confidence intervals. Per default the function returns the 95% confidence interval. However, the parameter ‘conf_level’ allows you to specify the interval you want.

Continue reading Confidence Intervals in R# Keynesian Economics in an AS-AD model

How can we illustrate the dynamics of Keynesian Economics within an aggregate supply – aggregate demand (ASAD) framework? The following post explains the Keynesian dynamics that we discussed in a previous post using an AS-AD model.

Continue reading Keynesian Economics in an AS-AD model# WordAds Review 2018

One year ago, my blog reached the minimum traffic requirement of WordAds and the advertising platform added my blog to their program. Starting October 2017, I was able to display ads on my blog and earn part of the generated income. At the beginning, I was very excited. However, after few enthusiastic months, I soon realized that I will not be able to earn lots of money using WordAds. Sure, displaying adds earns some money, but compared to my regular salary, it is negligible.

Continue reading WordAds Review 2018# Generate Gamma Distributed Numbers in Julia

In Julia, one can generate random numbers that follow a Gamma distribution by using the Distribution package. Thereby one can use the `rand()`

function that draws random numbers and specify the Gamma distribution by using the `Gamma(a,b)`

command. The parameters a and b define the shape parameters of the Gamma distribution. This article provides a more generic overview of how to generate random numbers in Julia.

Continue reading Generate Gamma Distributed Numbers in Julia