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Intermediate Statistics for Economics

Learn from Former Delhi University Professor

Demo Lecture


  • Full Course Video Lectures

  • Complete syllabus as PER LATEST SYLLABUS BY DU

  • Written Notes Provided in PDF Format

  • Printed Notes Provided

  • Answer Writing Practice

  • Previous Year Question Papers Discussed

  • 24 x 7 Doubt Resolution

  • Important Questions from Chapter Covered

Unit - 1 

Sampling distribution of a Statistic

Concept of Statistic and parameter, Sampling distributions, Central Limit Theorem
Devore: Ch 5.3, 5.4, 5.5

Unit - 2

Estimator and methods of estimation, Point Estimation: method of moments and method of maximum likelihood; Interval Estimation, Properties of an estimator: Consistency, Unbiasedness, Efficiency and Sufficiency, confidence level and sample size, intervals based on Z-distribution, t-distribution and chi-squared distribution, F-distribution

Devore: Ch 6, Ch 7, selected sections of Ch 9

Unit - 3

Meaning of a statistical hypothesis, errors in hypothesis testing: Type 1 and Type 2 errors, power of a test.

Devore: Ch 8.1

Unit - 4

Hypothesis Testing

Testing of a population Mean, proportions - small and large sample tests, P-value; Testing for variance; Testing hypothesis for two samples, testing for equality of means; testing for ratio of variances

Devore: Ch 8.2 – 8.5, Ch 9

Essential Reading

● Devore, J. (2012). Probability and Statistics for Engineers, 8th ed. Cengage Learnin

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