1
Q
Random variable
A
A variable that can take on any of a set of values within a range.
2
Q
Probability distribution
A
The set of probabilities of a random variable taking on each value within its
range of possible values.
3
Q
Population
A
The set of all possible observations of a random variable
4
Q
Sample
A
A subset of all possible observations of a random variable.
5
Q
Observation
A
An instance of a random variable taking on a value.
6
Q
Discrete random variable
A
A random variable that can only take on certain values within a range.
7
Q
Continuous random variable
A
A random variable that can take on any value within a range.
Forecasting
flashcards
Decks in class (16)
# Cards
-
Probabilities15
-
Randomness7
-
Statistics15
-
Hypotheses7
-
Goals of Econometric Analysis3
-
Desirable Estimator Properties: Unbiased Coefficient Estimate5
-
Desirable Estimator Properties: Consistent Coefficient Estimate5
-
Desirable Estimator Properties: Efficient Coefficient Estimate5
-
Desirable Estimator Properties: Unbiased Standard Error Estimate5
-
Estimation Procedure Assumptions: Gauss-Markov Assumptions5
-
Single Equation Models7
-
Multiple Equation Models3
-
Statistical Anomalies (by order of severity)4
-
The Minor Anomalies4
-
The Moderate Anomalies7
-
The Major Anomalies7
