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.

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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

$y = \alpha + \beta_{1} x_{1}$

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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.

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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.

How to set a Seed in Julia?

Julia v0.7 and older

In Julia, you can set a seed to the random number generator using the srand() function. The code example below sets the seed to 1234. Generating a random variable with rand(1) after setting the seed to 1234 will always generate the same number, i.e. it will always return 0.5908446386657102.

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Linear Regression in STATA

In STATA one can estimate a linear regression using the command regress. In this post I will present how to use the STATA function regress to run OLS on the following model

$y = \alpha + \beta_{1} x_{1}$