International Journal of Science and Technology

International Journal of Science and Technology>> Volume 7, Number 2, February 2017

International Journal of Science and Technology


A Survey of Statistical Tools in the Field of Economics and other Fields

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Author O.Y. Halid
On Pages 255-258
Volume No. 2
Issue No. 5
Issue Date May, 2012
Publishing Date May, 2012
Keywords Econometric methodology, statistics, Regression, forecasting, estimation, parameters, Hypotheses.


Abstract

This paper examined the application of some statistical principles in a named field of economics. The role of statistics in different stages of traditional econometric methodology was well examined without leaving out its limitation. Some specific real life situations that often relates to economics and other related fields were also considered.

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