Basic Statistics For Economics (GE) SEM - IV Chapter Wise Notes

 



UNITI - I

 

Introduction and overview

 

Populations and samples; sample statistics; Descriptive Statistics.





UNIT-II

 

Basic concepts of probability


Spaces and events; probability concepts, conditional probabilities





UNIT-III

 

Probability distributions and Sampling


Random variables-discrete and continuous, various probability distributions - functions and characteristics; Commonly used distributions uniform, binomial, exponential, Poisson, hypergeometric and Normal random variables. Jointly distributions conditional distributions and expectations, covariance and correlation




Unit-IV

 

Estimation and Hypothesis testing

 

Estimation of population parameters-methods of moments and maximum likelihood procedures; properties of estimators; confidence intervals; Defining statistical hypotheses; distributions of test statistics; testing hypotheses related to population parameters; Type 1 and Type II errors; power of a test

 



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