Probability and Statistics for Economists

Probability and Statistics for Economists PDF Author: Bruce Hansen
Publisher: Princeton University Press
ISBN: 0691236143
Category : Business & Economics
Languages : en
Pages : 417

Book Description
A comprehensive and up-to-date introduction to the mathematics that all economics students need to know Probability theory is the quantitative language used to handle uncertainty and is the foundation of modern statistics. Probability and Statistics for Economists provides graduate and PhD students with an essential introduction to mathematical probability and statistical theory, which are the basis of the methods used in econometrics. This incisive textbook teaches fundamental concepts, emphasizes modern, real-world applications, and gives students an intuitive understanding of the mathematics that every economist needs to know. Covers probability and statistics with mathematical rigor while emphasizing intuitive explanations that are accessible to economics students of all backgrounds Discusses random variables, parametric and multivariate distributions, sampling, the law of large numbers, central limit theory, maximum likelihood estimation, numerical optimization, hypothesis testing, and more Features hundreds of exercises that enable students to learn by doing Includes an in-depth appendix summarizing important mathematical results as well as a wealth of real-world examples Can serve as a core textbook for a first-semester PhD course in econometrics and as a companion book to Bruce E. Hansen’s Econometrics Also an invaluable reference for researchers and practitioners

The Economist Book of Vital World Statistics

The Economist Book of Vital World Statistics PDF Author:
Publisher: Random House Business Books
ISBN:
Category : Almanacs
Languages : en
Pages : 472

Book Description
A view of how the countries of the world compare on everything from economic strength to energy consumption, industrial output to inflation, export trends to education standards, freezer ownership to financial institutions, CCF emissions to the cost of living and meat production to murder rates.

Mathematical Statistics for Economics and Business

Mathematical Statistics for Economics and Business PDF Author: Ron C. Mittelhammer
Publisher: Springer Science & Business Media
ISBN: 1461450225
Category : Mathematics
Languages : en
Pages : 777

Book Description
Mathematical Statistics for Economics and Business, Second Edition, provides a comprehensive introduction to the principles of mathematical statistics which underpin statistical analyses in the fields of economics, business, and econometrics. The selection of topics in this textbook is designed to provide students with a conceptual foundation that will facilitate a substantial understanding of statistical applications in these subjects. This new edition has been updated throughout and now also includes a downloadable Student Answer Manual containing detailed solutions to half of the over 300 end-of-chapter problems. After introducing the concepts of probability, random variables, and probability density functions, the author develops the key concepts of mathematical statistics, most notably: expectation, sampling, asymptotics, and the main families of distributions. The latter half of the book is then devoted to the theories of estimation and hypothesis testing with associated examples and problems that indicate their wide applicability in economics and business. Features of the new edition include: a reorganization of topic flow and presentation to facilitate reading and understanding; inclusion of additional topics of relevance to statistics and econometric applications; a more streamlined and simple-to-understand notation for multiple integration and multiple summation over general sets or vector arguments; updated examples; new end-of-chapter problems; a solution manual for students; a comprehensive answer manual for instructors; and a theorem and definition map. This book has evolved from numerous graduate courses in mathematical statistics and econometrics taught by the author, and will be ideal for students beginning graduate study as well as for advanced undergraduates.

Statistics for Economics

Statistics for Economics PDF Author: Shahdad Naghshpour
Publisher: Business Expert Press
ISBN: 160649404X
Category : Business & Economics
Languages : en
Pages : 152

Book Description
Statistics is the branch of mathematics that deals with real-life problems. As such, it is an essential tool for economists. Unfortunately, the way you and many other economists learn the concept of statistics is not compatible with the way economists think and learn. The problem is worsened by the use of mathematical jargon and complex derivations. Here’s a book that proves none of this is necessary. All the examples and exercises in this book are constructed within the field of economics, thus eliminating the difficulty of learning statistics with examples from fields that have no relation to business, politics, or policy. Statistics is, in fact, not more difficult than economics. Anyone who can comprehend economics can understand and use statistics successfully within this field, including you! This book utilizes Microsoft Excel to obtain statistical results, as well as to perform additional necessary computations. Microsoft Excel is not the software of choice for performing sophisticated statistical analysis. However, it is widely available, and almost everyone has some degree of familiarity with it. Using Excel will eliminate the need for students and readers to buy and learn new software, the need that itself would prove to be another impediment to learning and using statistics.

The Elements of Statistics

The Elements of Statistics PDF Author: James Bernard Ramsey
Publisher: Cengage Learning
ISBN: 9780534371111
Category : Economics
Languages : en
Pages : 0

Book Description
Designed for instructors who want to stress the understanding of basic concepts and the development of "statistical intuition," this book demonstrates that statistical reasoning is everywhere and that statistical concepts are as important to students' personal lives as they are to their future professional careers. Ramsey aims to develop statistically literacy - from the ability to read and think critically about statistics published in popular media to the ability to analyze and act upon statistics gathered in the business world. The underlying philosophy of this book is that given a reasonable level of depth in the analysis, the student can later acquire a much more extensive, and even more intensive, exposure to statistics on their own or in the context of the work environment. Some use of calculus is included. Use of the computer is integrated throughout.

Statistical Methods for Business and Economics

Statistical Methods for Business and Economics PDF Author: Gert Nieuwenhuis
Publisher: McGraw-Hill Education
ISBN: 9780077109875
Category : Commercial statistics
Languages : en
Pages : 863

Book Description
This brand new book in statistics aims to provide an introduction to the key methods and techniques essential to a typical statistics syllabus, whilst also helping students to develop the skills needed to analyse, interpret and prepare data for use in business, economics and related disciplines. Covering the essential methods required at undergraduate level, the book is structured into four parts that deal with descriptive statistics, probability, sample theory and inferential statistics, taking students from the basics through to more advanced topics such as multiple linear regression. Every chapter contains clear descriptions of each technique, illustrated with numerous worked examples to aid students in understanding how to practice statistical methods. The real data used in the examples is drawn from European sources. The text also contains longer case examples set in a European business context, to show how statistics is used everyday in the business environment. Finally, each chapter concludes with a variety of exercises to test students’ ability to apply the theory and attain a high level of competence in using statistics. This comprehensive book is ideal for student of statistics at undergraduate level taking an introductory module in the topic.

Big Data for Twenty-First-Century Economic Statistics

Big Data for Twenty-First-Century Economic Statistics PDF Author: Katharine G. Abraham
Publisher: University of Chicago Press
ISBN: 022680125X
Category : Business & Economics
Languages : en
Pages : 502

Book Description
Introduction.Big data for twenty-first-century economic statistics: the future is now /Katharine G. Abraham, Ron S. Jarmin, Brian C. Moyer, and Matthew D. Shapiro --Toward comprehensive use of big data in economic statistics.Reengineering key national economic indicators /Gabriel Ehrlich, John Haltiwanger, Ron S. Jarmin, David Johnson, and Matthew D. Shapiro ;Big data in the US consumer price index: experiences and plans /Crystal G. Konny, Brendan K. Williams, and David M. Friedman ;Improving retail trade data products using alternative data sources /Rebecca J. Hutchinson ;From transaction data to economic statistics: constructing real-time, high-frequency, geographic measures of consumer spending /Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann, and Claudia Sahm ;Improving the accuracy of economic measurement with multiple data sources: the case of payroll employment data /Tomaz Cajner, Leland D. Crane, Ryan A. Decker, Adrian Hamins-Puertolas, and Christopher Kurz --Uses of big data for classification.Transforming naturally occurring text data into economic statistics: the case of online job vacancy postings /Arthur Turrell, Bradley Speigner, Jyldyz Djumalieva, David Copple, and James Thurgood ;Automating response evaluation for franchising questions on the 2017 economic census /Joseph Staudt, Yifang Wei, Lisa Singh, Shawn Klimek, J. Bradford Jensen, and Andrew Baer ;Using public data to generate industrial classification codes /John Cuffe, Sudip Bhattacharjee, Ugochukwu Etudo, Justin C. Smith, Nevada Basdeo, Nathaniel Burbank, and Shawn R. Roberts --Uses of big data for sectoral measurement.Nowcasting the local economy: using Yelp data to measure economic activity /Edward L. Glaeser, Hyunjin Kim, and Michael Luca ;Unit values for import and export price indexes: a proof of concept /Don A. Fast and Susan E. Fleck ;Quantifying productivity growth in the delivery of important episodes of care within the Medicare program using insurance claims and administrative data /John A. Romley, Abe Dunn, Dana Goldman, and Neeraj Sood ;Valuing housing services in the era of big data: a user cost approach leveraging Zillow microdata /Marina Gindelsky, Jeremy G. Moulton, and Scott A. Wentland --Methodological challenges and advances.Off to the races: a comparison of machine learning and alternative data for predicting economic indicators /Jeffrey C. Chen, Abe Dunn, Kyle Hood, Alexander Driessen, and Andrea Batch ;A machine learning analysis of seasonal and cyclical sales in weekly scanner data /Rishab Guha and Serena Ng ;Estimating the benefits of new products /W. Erwin Diewert and Robert C. Feenstra.

Statistics for Business and Financial Economics

Statistics for Business and Financial Economics PDF Author: Cheng F. Lee
Publisher: World Scientific
ISBN: 9789810234850
Category : Business & Economics
Languages : en
Pages : 1124

Book Description
This text integrates various statistical techniques with concepts from business, economics and finance, and demonstrates the power of statistical methods in the real world of business. This edition places more emphasis on finance, economics and accounting concepts with updated sample data.

Statistical Size Distributions in Economics and Actuarial Sciences

Statistical Size Distributions in Economics and Actuarial Sciences PDF Author: Christian Kleiber
Publisher: John Wiley & Sons
ISBN: 0471457167
Category : Mathematics
Languages : en
Pages : 354

Book Description
A comprehensive account of economic size distributions around the world and throughout the years In the course of the past 100 years, economists and applied statisticians have developed a remarkably diverse variety of income distribution models, yet no single resource convincingly accounts for all of these models, analyzing their strengths and weaknesses, similarities and differences. Statistical Size Distributions in Economics and Actuarial Sciences is the first collection to systematically investigate a wide variety of parametric models that deal with income, wealth, and related notions. Christian Kleiber and Samuel Kotz survey, compliment, compare, and unify all of the disparate models of income distribution, highlighting at times a lack of coordination between them that can result in unnecessary duplication. Considering models from eight languages and all continents, the authors discuss the social and economic implications of each as well as distributions of size of loss in actuarial applications. Specific models covered include: Pareto distributions Lognormal distributions Gamma-type size distributions Beta-type size distributions Miscellaneous size distributions Three appendices provide brief biographies of some of the leading players along with the basic properties of each of the distributions. Actuaries, economists, market researchers, social scientists, and physicists interested in econophysics will find Statistical Size Distributions in Economics and Actuarial Sciences to be a truly one-of-a-kind addition to the professional literature.

Statistics for Management and Economics

Statistics for Management and Economics PDF Author: Gerald Keller
Publisher:
ISBN: 9780534491239
Category : Economics
Languages : en
Pages : 900

Book Description
Teaches students how to apply statistics to real business problems through the authors' unique three-step approach to problem solving. Students learn to identify, compute and interpret the results in the context of the problem.