Economics uses statistical methods to analyze the data in a scientific manner. Theoretical models are inspired by empirical evidence and are tested on new data to be validated. This section describes some of these methods.
Please visit the Probability section in the Math page for background.
Introduction
Overview of statistical methods
How do we sample?
Descriptive statistics of one variable
Assessing relationships between variables
Visualization
See also the probability section
AP Stats information from the College Board
To visualize probability and statistics: Seeing Theory
AP Stats at a glance
A course in statistics, econometrics and big data analysis is available on the LABEL Experimental Methods website.