Probability Theory and Statistical Inference: Econometric Modeling with Observational Data (Paperback)

Aris Spanos

ISBN 10: 0521424089 / ISBN 13: 9780521424080

Published by Cambridge University Press, Cambridge, 1999

About this Item

Paperback. This major new textbook from a distinguished econometrician is intended for students taking introductory courses in probability theory and statistical inference. No prior knowledge other than a basic familiarity with descriptive statistics is assumed. The primary objective of this book is to establish the framework for the empirical modelling of observational (non-experimental) data. This framework known as 'Probabilistic Reduction' is formulated with a view to accommodating the peculiarities of observational (as opposed to experimental) data in a unifying and logically coherent way. Probability Theory and Statistical Inference differs from traditional textbooks in so far as it emphasizes concepts, ideas, notions and procedures which are appropriate for modelling observational data. Aimed at students at second-year undergraduate level and above studying econometrics and economics, this textbook will also be useful for students in other disciplines which make extensive use of observational data, including finance, biology, sociology and psychology and climatology. This major new textbook is intended for students taking introductory courses in probability theory and statistical inference. The primary objective of this book is to establish the framework for the empirical modeling of observational (nonexperimental) data. The text is extremely student friendly, with pathways designed for semester usage, and although aimed primarily at students at second-year undergraduate level and above studying econometrics and economics, Probability Theory and Statistical Inference will also be useful for students in other disciplines that make extensive use of observational data, including finance, biology, sociology and psychology. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.

Seller Inventory # 9780521424080

Bibliographic Details

• Title: Probability Theory and Statistical Inference: Econometric Modeling with Observational Data (Paperback)
• Publisher: Cambridge University Press, Cambridge
• Publication Date: 1999
• Language: English
• ISBN 10: 0521424089
• ISBN 13: 9780521424080
• Binding: Paperback
• Condition: new

About this title

Synopsis

This major textbook from a distinguished econometrician is intended for students taking introductory courses in probability theory and statistical inference. No prior knowledge other than a basic familiarity with descriptive statistics is assumed. The primary objective of this book is to establish the framework for the empirical modelling of observational (non-experimental) data. This framework known as 'Probabilistic Reduction' is formulated with a view to accommodating the peculiarities of observational (as opposed to experimental) data in a unifying and logically coherent way. Probability Theory and Statistical Inference differs from traditional textbooks in so far as it emphasizes concepts, ideas, notions and procedures which are appropriate for modelling observational data. Aimed at students at second-year undergraduate level and above studying econometrics and economics, this textbook will also be useful for students in other disciplines which make extensive use of observational data, including finance, biology, sociology and psychology and climatology.

Review

'... a useful complement to a full introductory course in probabilistic foundations of econometrics.' The Times Higher Education Supplement