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Thursday, September 22, 2005

 

There Are Statistics & Statistics Without Understanding

I've posted a comment on understanding econometrics over atEconomics and Government that you might want to check out:
"In my view, when you do empirical estimations or when you evaluate the estimations of others, it is very important to understand what happens to your estimates if there are any number of ways in which your data do not meet the statistical assumptions on which your estimates are based."

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