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Lecture notes EC1011 Econometrics (EC1011) Economics £12.99
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Lecture notes

Lecture notes EC1011 Econometrics (EC1011) Economics

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Lecture notes and sample exams for 1st year of Econometrics and/or Statistics taught in an Economics programme at any university. Complete notes and exams with solutions to help you prepapre and smash your exam. Good luck!

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  • September 8, 2023
  • 398
  • 2021/2022
  • Lecture notes
  • Ravi mukherjee
  • All classes
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danish_irfan95
Topic 1
Distribution of Sample
Statistics




1

, Chapter 6

Sampling and
Sampling Distributions
2

, Distribution of Sample Statistics
Learning Objectives
After this lecture you should be able to:
• Describe a simple random sample and why
sampling is important
• Explain the difference between descriptive and
inferential statistics
• Define the concept of a sampling distribution
• Determine the mean and standard deviation for
the sampling distribution of the sample mean X
• Determine the mean and standard deviation for
the sampling distribution of the sample
proportion p̂ 3

, Distribution of Sample Statistics
Learning Objectives
After this lesson you should be able to:
• Describe the Central Limit Theorem and its
importance
• Develop ideas of point and confidence interval
estimation and understand the concepts of
unbiasedness, consistency and efficiency of estimation
procedure




4

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