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Econometrics / Module 1: Introduction to Econometrics


Students need to learn:
Definitions
Scope and Division of Econometrics
Methodology of Econometrics and Other Related Discipline
Simple Linear Regression Model - Basic Ideas
Problem of Estimation
Point and Interval Estimation
OLS
Properties of Least Square Estimates
Classical Normal Linear Regression Model (CNLRM)
Hypothesis Testing
Statistical Tests of Significance of Estimates
The Test of Goodness of Fit (R²)

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