Empirical Research Methods at TU München

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Decisions can only be as good as...

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When does data become evidence?

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In which extrapolation methods noise of previous step matters?
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Exemplary flashcards for Empirical Research Methods at the TU München on StudySmarter:

Define THEORY, LAW, PARADIGM

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What determines the regression model?

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What is population and how to be chosen? What is the advantage of correctly chosen population?

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Which are the main criteria of scientific hypotheses?
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What is the 3rd step of case study about?

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Why use Statistic Hypotheses?

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What is falsificator?

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3 Types of statistical hypothesis
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This is the formula for variance of spread of n observation of population. What would change when using a sample?

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Exemplary flashcards for Empirical Research Methods at the TU München on StudySmarter:

Empirical Research Methods

Decisions can only be as good as...
as available data

Empirical Research Methods

When does data become evidence?
When interpritation has been "confirmed" or found again several times.

Empirical Research Methods

In which extrapolation methods noise of previous step matters?
Moving average Autoregressive moving average

Empirical Research Methods

Define THEORY, LAW, PARADIGM
Paradigm: Generally accepted scientific procedure Theory: Combining one or more than one hypos which are tested several times. Laws: High degree of corroboation

Empirical Research Methods

What determines the regression model?
Data structure & Data type

Empirical Research Methods

What is population and how to be chosen? What is the advantage of correctly chosen population?
Population - set of units, from which sample will be drawn. Deliberately chosen population is usual, random - not. Correctly chosen population = determined limits of generalizability + elimination of irrelevant differences

Empirical Research Methods

Which are the main criteria of scientific hypotheses?
generall validity (beyond individual situation); falsifiable (possible to imagine events in conflict with conditional clause);

Empirical Research Methods

What is the 3rd step of case study about?
Combination of different methods of data collection helps to enable triangulation(compensation of weakness through strength) and provides stronger support. CS uses qualit-understand causal rel-p,derive conclusion/quanti-not led away/both. + Advantages of teamwork

Empirical Research Methods

Why use Statistic Hypotheses?
Because the economic phenomena is nondeterministic(only valid in majority cases) and it is not possible to conclude from one single contradiction, statistical hyp is needed.

Empirical Research Methods

What is falsificator?
A possible data combination which leads to the rejection of a hypothesis.

Empirical Research Methods

3 Types of statistical hypothesis
1) Association H. (A and B are related) 2) Causality(ursache) H.(A acts causally upon B) 3) Difference H. (A is different from B)

Empirical Research Methods

This is the formula for variance of spread of n observation of population. What would change when using a sample?
In case of a sample use N-1 instead

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