Summary

This revolutionary text covers single-equation linear regression analysis in an easy-to-understand format that emphasizes real-world examples and exercises. This intuitive approach focuses on learning how to use econometrics, not on matrix algebra or calculus proofs. Clear, accessible writing and numerous exercises provide students with a solid understanding of applied econometrics. This new approach is accessible to beginning econometrics students as well as experienced practitioners. *NEW A completely new elementary statistics chapter, written by leading statistics author Gary Smith. *NEW An increased emphasis on modern regression topics like the White test, heteroskedasticity-corrected standard errors, the AR (I) adjustment for serial correlation, Akaike's Information Criterion, the Schwarz criterion, and nonstationarity. *NEW Improved, expanded, and updated examples, exercises, and data sets. *NEW Optional, low-cost inclusion of Student Version of EViews, the number-one Windows-based econometric software package in the world, plus a free Student Guide to Using EViews that walks students step-by-step through the EViews software using examples from the main text. *NEW A Web