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Avoiding a cookbook approach to econometrics, this textbook develops students' theoretical understanding of statistical tools and econometric applications. It covers the basics of statistical inference in support of a subsequent course on classical econometrics. The book shows students how mathematical statistics concepts form the basis of econometric formulations and helps them think about statistics as more than a toolbox of techniques. Each chapter includes a summary, review questions, and numerical exercises.

Produktbeschreibung
Avoiding a cookbook approach to econometrics, this textbook develops students' theoretical understanding of statistical tools and econometric applications. It covers the basics of statistical inference in support of a subsequent course on classical econometrics. The book shows students how mathematical statistics concepts form the basis of econometric formulations and helps them think about statistics as more than a toolbox of techniques. Each chapter includes a summary, review questions, and numerical exercises.

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