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Choosing the More Likely Hypothesis

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Shows why failing to consider the alternative hypothesis often leads to incorrect conclusions. The book shows that for most standard econometric estimators, it is not difficult to compute the proper probabilities using Bayes theorem. Simple formulas that require only readily available information in standard estimation reports are provided.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781601988980
  • Indbinding:
  • Paperback
  • Sideantal:
  • 90
  • Udgivet:
  • 20. november 2014
  • Størrelse:
  • 156x234x5 mm.
  • Vægt:
  • 140 g.
  • 8-11 hverdage.
  • 7. december 2024

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Shows why failing to consider the alternative hypothesis often leads to incorrect conclusions. The book shows that for most standard econometric estimators, it is not difficult to compute the proper probabilities using Bayes theorem. Simple formulas that require only readily available information in standard estimation reports are provided.

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