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Economics 3 - Introduction to Probability and Statistics

Time: TR 4:30 - 5:45 pm (lecture), TR 3:00 - 4:15 pm (lab)
Location: DMH 358

Course Syllabus

A Primer on Bayesian Statistics

Three chapters that provide an alternative to the Classical approach to statistics. The Bayesian and Subjectivist viewpoints are used to provide insight into the weaknesses of the Classical approach. The three chapters cover probability definitions, estimators and hypothesis testing.