14:33Econometrics for management / finance chapter 3 , part 3 When we use t- test to test hypothesis ?
Econometrics
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Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." An introductory economics textbook describes econometrics as allowing economists...
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