# Articles by EconomicsLive

### Chi – Square

Chi – Square [Properties] Chi- Square is an important non-parametric test and as such now rigid assumptions are necessary is respect of the type of […]

### Hypothesis Testing [Procedure]

PROCEDURE FOR HYPOTHESIS TESTING To test a hypothesis means to tell (on the basis of the data the researcher has collected) whether or not the […]

### Classical Linear Regression Model [CLRM/CNLRM]

CNLRM (Classical Normal Linear Regression Model) Assumption 1: Linear regression model: The regression model is linear in the parameters, as shown as Yi = β1 […]

### Integration By Parts

Integration By Parts

### Integration by Substitution

Integration by Substitution

### Integration

Integrate w.r.t [as Antiderivative Process]

### Scitovsky Paradox

Scitovsky Reversals and the Double Criteria Granted that the strong Kaldor criteria is lacking in its ability to compare allocations, problems also arise with the […]

### Arrow’s Impossibility Theorem

Arrow’s Impossibility Theorem In an attempt to construct a consistent social ranking of a set of alternatives on the basis of individual preferences over this […]

### Game Theory

Key Concepts A game is any situation in which players (the participants) make strategic decisions—i.e., decisions that take into account each other’s actions and responses. […]