Probability and Statistics for Economics and Business: An Introduction Using R (Paperback) (ISBN-13: 9780262553360)

A modern introduction to probability and statistics for economics and business undergraduates, using the R programming language.

Designed for an introductory course in probability and statistics for economics and business undergraduates, this comprehensive textbook introduces students to the R statistical programming language. While covering the standard topics found in traditional textbooks, Jason Abrevaya takes a modern approach that directly integrates R, highlights the use of simulation methods, and provides a general treatment of statistical inference for asymptotically normal estimators. Coverage emphasizes concepts that are useful to economists and data analysts, including general statistical-inference results that apply well beyond averages and variances. The book offers a higher level of mathematical rigor than traditional business statistics textbooks to prepare students for future coursework and for a professional climate where employers increasingly emphasize competence in data science and statistics.

• Introduces students to the R statistical programming language
• Uses real-world examples and datasets related to economics and business
• Provides extensive coverage of simulation methods
• Focuses on large-sample (asymptotic) results
• Is classroom-tested at Emory University, the University of Texas at Austin, Princeton University, and elsewhere
• Suits undergraduate and graduate students in business, economics, data science, and statistics with knowledge of calculus
• Offers companion website and extensive instructor resources

Author: Jason Abrevaya
ISBN-10: 0262553368
ISBN-13: 9780262553360
Publisher: MIT Press
Language: English
Published: 11/25/2025
Pages: 680
Format: Paperback
Weight: 2.90lbs
Size: 9.91h x 8.01w x 1.31d