A textbook of econometrics. By Lawrence R. Klein, Row, Peterson & Co., 1953, 355 pp

• Book ID: 102546006
• Publisher: John Wiley and Sons
• Year: 1954
• Tongue: English
• Weight: 76 KB
• Volume: 1
• Category: Article
• ISSN: 0894-069X
• DOI: 10.1002/nav.3800010214

✦ Synopsis

This book describes in non-technical language some of the basic ideas underlying statistical decision procedures. Recently developed methods of statistical decision are intended to help one select one course of action from a number of alternative courses of action. Hardly any mathematics is used in the book. Some of the topics discussed in everyday language are: prediction, probability, Bayes rule, risk, sequential procedures, mathematical models, and sampling. The reader who desires to learn the technical aspects 'of the subject matter, is referred to a list of the leading texts classified according to subject matter, nature of contents, and mathematical level, given at the end of the book.