Regression analysis , the bread-and-butter toll of econometrics, these say is unthinkable without the computer and some access to statistical software . ( Believe me, I grew up in the generation of the side rule ! )Fortunately, several excellent regression packages are commercially available, both for the mainframe and the microcomputer, and the list is growing by the day.
Regression software packages, such as ET, LIMDEP, SHAZAM, MICRO TSP, MINITAB, EVIEWS, SAS, SPSS, STATA, Microfit,PcGive, and BMD have most of the econometric techniques and test discussed in this book.
In this book,from time to time , the reader will asked to conduct .Monte Carlo experiments using one or more of the statistical packages.
Monte Carlo experiments are " fun" exercises that will enable the reader to appreciate the properties of several statistical methods discussed in this book. the details of the Mote Carlo experiments will discussed at appropriate places.
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