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Intermediate Statistics for Economics
Learn from Former Delhi University Professor
Demo Lecture
ABOUT COURSE
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Full Course Video Lectures
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Complete syllabus as PER LATEST SYLLABUS BY DU
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Written Notes Provided in PDF Format
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Printed Notes Provided
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Answer Writing Practice
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Previous Year Question Papers Discussed
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24 x 7 Doubt Resolution
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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
Estimation
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
Inference
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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