Private In-Home and Online Econometrics Tutoring Near You
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Econometrics are the study of using math (especially statistics-based modelling) in order to describe economic systems. If you are struggling to keep up with your classmates in this challenging course, Varsity Tutors can find you a qualified Econometrics tutor to help you pursue your academic goals.
Here are some of the central concepts you may review during Econometrics tutoring sessions:
- The Value of Estimators
- Statistic Significance
- Economic Forecasting
- Developing Econometric Models
- Multiple Linear Regressions
- Finding Natural Experiments
- The Limitations of Econometrics
Unlike other sciences, economists cannot conduct a controlled study to prove or disprove anything. Therefore, part of the discipline is searching economic history for a situation that serves as a reasonable experiment in retrospect. This is easier said than done however, as your sample must be unbiased and pertinent to the topic being studied in order to offer any statistical significance. Your Econometrics tutor can walk you through successful and unsuccessful experiments to help you distinguish between them.