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BECC 107 Statistical Methods for Economics | IN-DEPTH STUDY GUIDE for IGNOU

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BECC 107 Statistical Methods for Economics | IN-DEPTH STUDY GUIDE for IGNOU

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A comprehensive study guide for IGNOU's BECC-107 course, focusing on "Statistical Methods for Economics," covering all syllabus topics for the exam. Master statistical techniques effortlessly and ace your economics studies with confidence.
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  • Descriptive Statistics
  • Probability Distributions
  • Sampling and Sampling Distributions
  • Estimation and Hypothesis Testing
Category : BACHELOR'S (HONOURS) DEGREE PROGRAMMES
Sub Category : Bachelor of Arts (Honours) Economics (BAECH)
Products Code : HON-C-EC-4.00
HSN Code : 490110
Language : English
Author : BMAP EDUSERVICES PVT LTD
Publisher : BMAP EDUSERVICES PVT LTD
University : IGNOU (Indira Gandhi National Open University)
Pages : 300
Weight : 199 GM
Dimensions : 21.0 x 29.7 cm (A4 Size Pages)



Details

This study guide is your ultimate companion for IGNOU's BECC-107 course, "Statistical Methods for Economics." It provides an in-depth exploration of statistical techniques commonly used in economic analysis, ensuring comprehensive coverage of all syllabus topics required for the exam.

Key Features:

  • Descriptive Statistics: The guide comprehensively covers descriptive statistical measures, including measures of central tendency, dispersion, and skewness. Learn how to summarize and present data effectively using tables, graphs, and charts.

  • Probability Distributions: Understand the principles of probability and different probability distributions, including the normal, binomial, and Poisson distributions. Learn how to calculate probabilities and use probability distributions to analyze economic phenomena.

  • Sampling and Sampling Distributions: Explore the concepts of sampling and sampling distributions, including random sampling, sampling methods, and sampling distributions of sample statistics. Understand the principles of inference and how to draw conclusions about population parameters from sample data.

  • Estimation and Hypothesis Testing: Learn about point estimation and interval estimation techniques, including the method of moments and the method of maximum likelihood. Understand the principles of hypothesis testing and how to test hypotheses about population parameters using sample data.

Benefits:

  • Comprehensive Coverage: This guide ensures comprehensive coverage of all syllabus topics, helping you grasp statistical techniques in economics thoroughly.

  • Concise and Clear: The content is presented in a concise and clear manner, making complex statistical concepts easy to understand and apply in economic analysis.

  • Exam Preparation: With all essential topics covered and explained in detail, this guide prepares you effectively for the exam, boosting your confidence and performance.

  • Efficient Learning: By focusing on key concepts and providing relevant examples, this study guide facilitates efficient learning, saving you time and effort.

  • Exam Ready: Designed to cover the entire syllabus within 300-350 pages, this guide ensures that you are well-prepared for your exam, making your exam preparation journey smooth and effective.

Prepare for your economics exam with confidence and excel in statistical techniques with this comprehensive study guide. Master the core statistical concepts, methods, and applications in economics effortlessly, and achieve success in your academic pursuits.

DISCLAIMER

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