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Bit about the subject
Subject matter is a self-contained introduction to statistic with economic applications. Topics include elements like probability theory, sampling theory, statistical estimation introduction to classical and Bayesian decision theory etc. It uses elementary econometrics and other applications of statistical tools to economic data. For this kind of complicated subject students need statistical theory of economists homework help.
Some important elements that statistical theory for economists consists of
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Benefits of learning the subject
The subject is introduced for the students with a background of statistics with focus on economics and business applications.
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Complications involve in the subject
Economics and statistics are very complicated subject. So student often become confused for the complications while doing their homework.
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