Abstract

Statistics is the branch of mathematics that deals with real-life problems. As such, it is an essential tool for economists. Unfortunately, the way the concept of statistics is introduced to students is not compatible with the way economists think and learn. The problem is worsened by the use of mathematical jargon and complex derivations. However, as this book demonstrates, neither is necessary. This book is written in simple English with minimal use of symbols, mostly for the sake of brevity and to make reading literature more meaningful.

All the examples and exercises in this book are constructed within the field of economics, thus eliminating the difficulty of learning statistics with examples from fi elds that have no relation to ...

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