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Statistics and Econometrics important topics

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Various test in statistics 1. Box jenkins- Forecasting 2. Unit root test- Stationarity  3. Durbin Watson d test- serial correlation 4. Durbin-Watson test- autocorrelation in auto regressive model. 5. Granger test- Causality  6. Goldfeld Quandt test - Heteroscedasticity  7. Dicky fuller test- Stationarity  8. F test- overall significance of regression 9. T distribution- Population parameters  10. Chi sq test- Goodness of fit 11. Dummy variable- Qualitative effects 12. Theory of probability - Uncertain events 13. Sample - mini replica of population 14. Normal distribution - Symmetrical with almost total area with mean + - 30( Sig ma) 15.  R square.. goodness of fit of regression function. 16. Mean is greater than mode-  positively skewed distribution. 17. Mean is less than mode- negatively skewed. 18. Mean is greater than median- Positively skewed. 19. Type I error- Rejection of H0 when it is true. 20 Type II error- Accept H0 when it is false.
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Political and Economical ,Industrial Revolutions

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10000 BC First evidence of bartering in parts of Africa.   3000BC Shekels (units of weight) traded in Mesopotamia.  3000BC First evidence of taxation in Ancient Egypt.  600 BC  First evidence of gold and silver coins in Lydia.  350 BC Aristotle declares that property should be private.  360 BC Plato cites specialism in his Republic.  5 BC Earliest example of banking are seen in Ancient Greece.  1000s Feudalism takes hold.  1500s  Mercantilism becomes dominant.  1723  Adam Smith born.  1759 The Theory of moral sentiments by Adam Smith is published.   1776 The wealth of Nations by Adam Smith is published.  1798 Essay on the principal of population by Thomas Robert Malthus is published.  1800 Industrial Revolution ushers in age of capitalism.  1803  Jean -Baptist Say argues that there could never be a shortfall of demand in an economy.  1805 Malthus becomes professor of economics at Hai...
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