A Concise Introduction to Statistical Inference

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9781498755771: A Concise Introduction to Statistical Inference

This short book introduces the main ideas of statistical inference in a way that is both user friendly and mathematically sound. Particular emphasis is placed on the common foundation of many models used in practice. In addition, the book focuses on the formulation of appropriate statistical models to study problems in business, economics, and the social sciences, as well as on how to interpret the results from statistical analyses.

The book will be useful to students who are interested in rigorous applications of statistics to problems in business, economics and the social sciences, as well as students who have studied statistics in the past, but need a more solid grounding in statistical techniques to further their careers.

Jacco Thijssen is professor of finance at the University of York, UK. He holds a PhD in mathematical economics from Tilburg University, Netherlands. His main research interests are in applications of optimal stopping theory, stochastic calculus, and game theory to problems in economics and finance. Professor Thijssen has earned several awards for his statistics teaching.

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About the Author:

Jacco Thijssen is a professor of finance at the University of York, UK. Before he joined York, he was at Trinity College Dublin, Ireland, and held visiting positions at LUISS "Guido Carli" in Rome, Italy, and the Institute of Mathematical Economics at Bielefeld University, Germany. He holds a PhD in mathematical economics from Tilburg University, Netherlands. His main research interests are in the applications of optimal stopping theory, stochastic calculus, and game theory to problems in economics and finance. Professor Thijssen has taught probability theory, statistics, finance, and microeconomics to students of all levels in economics, business, and mathematics. He has received the Aranson Teaching Prize for best organised module twice, as well as a Vice Chancellor’s Teaching Award for his statistics teaching.

Review:

"Jacco Thijssen has steered a perfect course in this book, guiding the reader through an overview of statistical analysis that is not only engaging and understandable but also deeper and more substantive than non-technical books on the subject."
Charles Wheelan teaches public policy at Dartmouth College and is the author of Naked Statistics: Stripping the Dread from the Data

"This book is designed to motivate students to learn by making statistics exciting and interesting. I really like the conversational style adopted in conjunction with the emphasis on real world issues both in the text and problem sets. The book concentrates on the basic concepts which encourages understanding and reflection whilst avoiding a superficial "shot gun" approach where many topics do not get the attention they need."
Brendan McCabe, Management School, University of Liverpool

"This is a readable introduction to the principal themes in statistical analysis, aimed primarily at an audience with background in economics, business, finance or social sciences, although science students are also likely to find it useful and enjoyable as a light introductory course. This is thanks to the clear non-patronising style of mathematical exposition combined with thoughtful reflection on the meaning and significance of statistical notions and techniques and on communicating the results of statistical analysis. The book also touches - lightly - on the juxtaposition of the frequentist versus Bayesian philosophical viewpoints. The text very successfully combines a certain simplicity and freshness of style with a degree of sophistication, and challenges the reader to both practice the various statistical techniques and to think critically about them. Numerous examples, problems, and questions make the book useful not only in a classroom setting but also for self-study. I wish I had such a text in my early student days - it would have spared me a lot of frustration sadly inflicted by many other statistics textbooks!"
Tomasz Zastawniak, Chair of Mathematical Finance, University of York

"This book provides a very good introduction to the theory of statistical inference. I am sure that many students will find that it is just what they need....It covers the most important topics in a first course on statistical inference, including: basic probability theory, sampling distributions, estimation, confidence intervals, and hypothesis testing. A final chapter gives a clear introduction to Bayesian methods...The main text is neatly complemented by Exercises and Problems, the latter allowing the reader to use the theory in stylised situations that are similar to problems that can arise in realistic applications... It will work, and work well, for the majority of its intended audience."
Peter M Lee, Department of Mathematics, University of York

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