Applied Econometrics

##01 Sep 2018

• Random Variable
• Random Selection Method
• Population Value
• Law of Large Numbers
• Related Frequency
• Mean
• Central Limit Theorem
• Variance
• Sample Mean
• Standard deviation
• Coefficient of Co-relation
• non-sensible co-relation
• spurious co-relation
• tree dataset

##16 Sep 2018

• Joint Distributed Variable
• Marginal Distribution
• Expected Value
• mode
• median
• symmetric distribution
• Conditional expected Value

Practical Works

1. Consider the experiment of flipping of 4 coins. X is the first 3 outcomes are head y is where all four outcomes are heads

The possible outcome is 2^4=16

HHHH THHH

HHHT THHT

HHTH THTH

HHTT THTT

HTHH TTHH

HTHT TTHT

HTTH TTTH

HTTT TTTT

Expected Value =

Variance= =

Co-variance= =