What is Missing Sometimes to Enable Statistical Methods to Increase Their Cognitive Capacity?

Nicolay Stoenchev
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Nicolay Stoenchev: University of National and World Economy, Sofia, Bulgaria

Economic Alternatives, 2010, issue 2, 152-156

Abstract: The article considers the most common made subjective errors in applying statistical methods for analysis of economic processes and phenomena. Thesis advocates the need for a thorough qualitative analysis before proceeding to the processing of empirical data using specialized statistical software.

Keywords: statistical methods; statistical analysis; subjective errors (search for similar items in EconPapers)
JEL-codes: C14 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:eajour:y:2010:i:2:p:152-156

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