The following types of statistical inference are used throughout econometrics, with the exception of
A)confidence intervals.
B)hypothesis testing.
C)calibration.
D)estimation.

Question

Quizplus · Accepted Answer

Calibration is not a type of statistical inference used in econometrics. Rather, it is a method of adjusting or tuning the parameters of a model to fit the data better. The other three choices - confidence intervals, hypothesis testing, and estimation - are all commonly used methods of statistical inference in econometrics.

The Following Types of Statistical Inference Are Used Throughout Econometrics