Table of Contents

Introduction

Chapter 1. Data, Data, Data

1.1 Measurements

1.2 Testing Models

1.3 Making Predictions

1.4 Numerical and Categorical Data

1.5 Cross-Sectional Data

1.6 Time Series Data

1.7 Longitudinal (or Panel) Data

1.8 Index Numbers (Optional)

1.9 Deflated Data

Chapter 2. Displaying Data

2.1 Bar Charts

2.2 Histograms

2.3 Time Series Graphs

2.4 Scatterplots

2.5 Graphs: Good, Bad, and Ugly

Chapter 3. Descriptive Statistics

3.1 Mean

3.2 Median

3.3 Standard Deviation

3.4 Boxplots

3.5 Growth Rates

3.6 Correlation

Chapter 4. Probability

4.1 Describing Uncertainty

4.2 Some Helpful Rules

4.3 Probability Distributions

Chapter 5. Sampling

5.1 Populations and Samples

5.2 The Power of Random Sampling

5.3 A Study of the Break-Even Effect

5.4 Biased Samples

5.5 Observational Data versus Experimental Data

Chapter 6. Estimation

6.1 Estimating the Population Mean

6.2 Sampling Error

6.3 The Sampling Distribution of the Sample Mean

6.4 The t Distribution

6.5 Confidence Intervals Using the t Distribution

Chapter 7. Hypothesis Testing

7.1 Proof by Statistical Contradiction

7.2 The Null Hypothesis

7.3 P Values

7.4 Confidence Intervals

7.5 Matched-Pair Data

7.6 Practical Importance versus Statistical Significance

7.7 Data Grubbing

Chapter 8. Simple Regression

8.1 The Regression Model

8.2 Least Squares Estimation

8.3 Confidence Intervals

8.4 Hypothesis Tests

8.5 R2

8.6 Using Regression Analysis

8.7 Prediction Intervals (Optional)

Chapter 9. The Art of Regression Analysis

9.1 Regression Pitfalls

9.2 Regression Diagnostics (Optional)

Chapter 10. Multiple Regression

10.1 The Mul

Details

No. of pages:
394
Language:
English
Copyright:
© 2011
Published:
Imprint:
Academic Press
eBook ISBN:
9780123822222
Print ISBN:
9780123822215

About the author

Gary Smith

Gary Smith received his B.S. in Mathematics from Harvey Mudd College and his PhD in Economics from Yale University. He was an Assistant Professor of Economics at Yale University for seven years. He is currently the Fletcher Jones Professor of Economics at Pomona College. He has won two teaching awards and has written (or co-authored) seventy-five academic papers, eight college textbooks, and two trade books (most recently, Standard Deviations: Flawed Assumptions, Tortured Data, and Other Ways to Lie With Statistics, Overlook/Duckworth, 2014). His research has been featured in various media including the New York Times, Wall Street Journal, Motley Fool, NewsWeek and BusinessWeek. For more information visit www.garysmithn.com.

Affiliations and Expertise

Fletcher Jones Professor, Department of Economics, Pomona College, Claremont, CA, USA

Reviews

"This book is written focusing on an introductory statistics course aiming to help students in developing the statistical reasoning they need to follow at a later stage a regression analysis or econometrics course. Within its eleven chapters...the emphasis is placed on statistical reasoning, real data, pitfalls in data analysis and modelling issues, as well as on hundreds of extensive examples and real world case studies which demonstrate in an excellent way the power, elegance and beauty of statistical reasoning."--Zentralblatt MATH 2012-1234-62003
"This is an introductory statistics textbook intended for use in either a statistics class that precedes a regression class or a one-term class that encompasses statistics and regression analysis. Complaining of the "fire hose pedagogy" of many introductory statistics courses, Smith (Pomona College) has chosen a focused approach that is intended to provide students with an understanding of the statistical reasoning that is needed for regression analysis. He therefore emphasizes statistical reasoning, real data, pitfalls in data analysis, modeling issues, and word problems."--SciTech Book News