Statistics and Econometrics : Methods and Applications

Rating:
Summary: good examples, complicated explanations, too many typos
Review: As a student who never has taken econometrics class, I suffered the weakness of this book (which was used as the textbook) more than I benefited from the strengths.

The strength of this book lies in the good examples they use. The book is not dense and mostly the explanation is very
concise. The examples they have is very interesting and might attract students' attention quite well.

However, I found this book's explanation is not very biginner
friendly. The explanation is often unnecessary compliated with too much math, so it might not be good for introductory econometrics class (it could make a good supplemental reading).

Gujarati's, Kennedy, etc has similar coverage but the explanation is much more plain and reader friendly.

The crucial problem which makes this book less than desirable is, amount of typos - I'd say one typo in a few pages on average. Although they have listed erratas on the publisher's web-site, unfortunately they cover relatively low fraction of all the typos this book has (could be inevitable problem with the first edition book). End-of-chapter questions and slides suffer the similar problem, so when my professor did not catch the problem in the end-of-chapter question, I just wasted too much time trying to figure out the answers, which was the worst part of using this book.