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A Classroom Example to Demonstrate Statistical Concepts

In: Statistical Inference, Econometric Analysis and Matrix Algebra

Author

Listed:
  • Dietrich Trenkler

    (Universität Osnabrück, Fachbereich Wirtschaftswissenschaften)

Abstract

A hands-on example to alleviate the transition process from probability models to statistical inference is proposed which can be used in a statistics lecture. It is very easy to grasp and has the benefit that many skills learned so far can be applied. Concepts like parameter estimation, confidence intervals and testing are addressed in this context. It can serve as reference when more abstract concepts such as unbiasedness, mean square error, pivot quantities, confidence level or p-values are treated later on in the course.

Suggested Citation

  • Dietrich Trenkler, 2009. "A Classroom Example to Demonstrate Statistical Concepts," Springer Books, in: Bernhard Schipp & Walter Kräer (ed.), Statistical Inference, Econometric Analysis and Matrix Algebra, pages 415-424, Springer.
    • Handle: RePEc:spr:sprchp:978-3-7908-2121-5_29
    DOI: 10.1007/978-3-7908-2121-5_29
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