The poverty of fictional storytelling in statistics and econometrics

Created
Tue, 09/01/2024 - 20:24
Updated
Tue, 09/01/2024 - 20:24
 The most expedient population and data generation model to adopt is one in which the population is regarded as a realization of an infinite super population. This setup is the standard perspective in mathematical statistics, in which random variables are assumed to exist with fixed moments for an uncountable and unspecified universe of events … […]