Measurement Scales: By measurement, we usually mean the assigning of numbers to observations or objects and scaling is a process of measuring. The four scales...

# Tag - Statistics For Economists

Lind/Marchal/Wathen is a perennial market best seller due to its comprehensive coverage of statistical concepts and methods delivered in a student friendly...

Basically, there are two main divisions of statistics called theoretical statistics and applied statistics. Theoretical Statistics: Theoretical statistics...

Importance of Statistics Here we discuss the Importance and Limitations of Statistics. Statistics and planning: Statistics in indispensable into planning in...

Origin and Growth of Statistics: The word “Statistics” which comes from the Latin word status, meaning a political state, originally meant...

Statistics For Economists (Paper 4) M.A. Part-I The main objective of this course is to acquaint students with the basic techniques of statistical methods with...