----- Original Message -----
From: "Jay Warner" <[EMAIL PROTECTED]>
To: "Stephen J Fromm" <[EMAIL PROTECTED]>
Cc: <[EMAIL PROTECTED]>
Sent: Friday, February 14, 2003 12:19 AM
Subject: Re: econometrics primer


> Stephen J Fromm wrote:
>
> > [snip]
> > > This is from a stats prof! We'll see if he is successful in getting
> > > the concepts through my thick skull!
> >
> > My main problem with stats is that the concepts are not economically
> > presented.
>
> Now I _like_ that.  Economically presented.  Wouldn't that mean, fewer
> equations, fewer words?  :)
>
> I think the key issue is how people learn math-type stuff.  most of us
tend to
> work from the specific to the general, which is why we like a specific
case to
> start off.  But recognition of the generalities involved comes more easily
or
> less easily.  I think we need more focus on explaining these
generalities - the
> 'rules' - to people who do not see them easily.

Thanks for your comments.

My background is certainly not typical, since I have a PhD in math.

I have nothing against starting with the specific and then working towards
the general--that's a good idea in most fields of knowledge.  The problem as
I see it is that important issues are obscured.

A good example of this is discussions of random effects analysis.  I've
found most presentations of this very confusing, and they need not be so.

Cheers,

S

>
> Jay
>
> >
> >
> > In math (my training), there's more emphasis on central points, which
leads
> > to (*relatively*) less confusion.
> >
> > There are also problems, like discredited methods not clearly disavowed
(I'm
> > thinking of "model fishing" involved with some multi-step regression
> > models).
> >
> > Your point about omission of calculations is well-founded.  Many books
seem
> > to have the attitude "Here's was SAS says..."
> >
> > ..
> > ..
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>
> --
> Jay Warner
> Principal Scientist
> Warner Consulting, Inc.
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>
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