At the end of this course, the students; 1) Learn the theory and economic applications of statistical topics such as probability, random variables and their probability distributions, point estimation, interval estimation and hypothesis testing which form the basis for econometric methods.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
In this course, the underlying theories of statistical concepts, which are the basis of econometrics, are discussed.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Probability
2nd Week
Probability Cont., Definitions of Discrete and Continuous Random Variables and Their Probability Distributions
3rd Week
Definitions of Discrete and Continuous Random Variables and Their Probability Distributions Cont.
4th Week
Mathematical Expectation
5th Week
Mathematical Expectation Cont.
6th Week
Moments
7th Week
Special Discrete and Continuous Probability Distributions
8th Week
Mid-Term
9th Week
Sampling Distributions
10th Week
Point Estimation
11th Week
Point Estimation Cont.
12th Week
Interval Estimation
13th Week
Hypothesis Testing
14th Week
Hypothesis Testing Cont.
RECOMENDED OR REQUIRED READING
Miller, I., Miller, M. (2014). John E. Freund?s Mathematical Statistics with Applications, 8/E Pearson.
Newbold, P., Carlson, W., Thorne, B. (2013) Statistics for Business and Economics, 8/E Pearson.