A Classroom Example to Demonstrate Statistical Concepts

Dietrich Trenkler ()
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Dietrich Trenkler: Universität Osnabrück, Fachbereich Wirtschaftswissenschaften

A chapter in Statistical Inference, Econometric Analysis and Matrix Algebra, 2009, pp 415-424 from Springer

Abstract: Abstract A hands-on example to alleviate the transition process from probability models to statistical inference is proposed which can be used in a statistics lecture. It is very easy to grasp and has the benefit that many skills learned so far can be applied. Concepts like parameter estimation, confidence intervals and testing are addressed in this context. It can serve as reference when more abstract concepts such as unbiasedness, mean square error, pivot quantities, confidence level or p-values are treated later on in the course.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-7908-2121-5_29

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DOI: 10.1007/978-3-7908-2121-5_29

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