Introductory Statistics for Economists
ECON 2500 – Winter 2011 – Xianghong Li
Lecture 1 – About the Course – Jan 4
What is Statistics?
- ‘The nontrivial process of identifying valid, novel, potentially useful
and ultimately understandable patterns in data.’ – Fayyard.
- ‘A process that uses a variety of data analysis tools to discover
patterns and relationships in data t