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What is Missing Sometimes to Enable Statistical Methods to Increase Their Cognitive Capacity?

Author

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  • Nicolay Stoenchev

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The article considers the most common made subjective errors in applying statistical methods for analysis of economic processes and phenomena. Thesis advocates the need for a thorough qualitative analysis before proceeding to the processing of empirical data using specialized statistical software.

Suggested Citation

  • Nicolay Stoenchev, 2010. "What is Missing Sometimes to Enable Statistical Methods to Increase Their Cognitive Capacity?," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 152-156, July.
    • Handle: RePEc:nwe:eajour:y:2010:i:2:p:152-156
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    File URL: http://www.unwe.bg/uploads/Alternatives/A12_02.2010.pdf
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    More about this item

    Keywords

    statistical methods; statistical analysis; subjective errors;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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