The encounter on drugs is an expensive battle, as a great deal of resources go into catching those who buy or sell illegal drugs on the black market, prosecuting them in court, and housing them in jail. These costs seem particularly exorbitant when dealing with the drug marijuana, as it is widely used, and is [...]
Entries from August 2008
Legalize Marijuana
August 3rd, 2008 · No Comments
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t-Statistic
August 2nd, 2008 · No Comments
Definition: After an estimation of a coefficient, the t-statistic for that coefficient is the ratio of the coefficient to its standard error. That can be tested against a t distribution to determine how probable it is that the be fulfilled value of the coefficient is absolutely zero.
(Econterms)
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