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Measurement of Economic Relationships

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ISBN-10: 1402028385

ISBN-13: 9781402028380

Edition: 2004

Authors: Peter Tryfos

List price: $169.99
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Description:

The Measurement of Economic Relationships presents a critical review of the established approach to measuring relationships in business and economics and of the one that preceded it. The first approach is based on the notion of a process "generating" the observations in a certain "random" manner, the second on the concept of approximating the observations of the variable of interest as closely as possible. It is shown that both approaches offer measures of the contribution of the determining variables, interval estimates and tests concerning the effects of the variables, and interval forecasts; in general, however, their solutions are different. In reviewing the two approaches since their…    
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Book details

List price: $169.99
Copyright year: 2004
Publisher: Springer
Publication date: 12/20/2004
Binding: Hardcover
Pages: 148
Size: 6.50" wide x 10.00" long x 0.50" tall
Weight: 0.880
Language: English

Introduction
The fitting method : an introduction
The fitting method : a formal treatment
The clasical linear model
The central assumptions
Random processes
The "probabilistic revolution"
Assessment