Shapiro Wilk Test for Normality
The Shapiro Wilk test is a statistical test used to determine whether a sample or data comes from a normal distribution. Samuel Shapiro and Martin Wilk developed this test in…
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May 10, 2023
Phillips Curve: Short run and Long run
The Phillips curve is a graphical representation of the inverse relationship between inflation and unemployment. The curve is named after economist A.W. Phillips, who first observed this relationship in the…
May 1, 2023
Cobb Douglas Production Function
The Cobb Douglas production function is named after American economists Charles Cobb and Paul Douglas. They introduced this production function in 1928 in a paper published in the American Economic…
April 19, 2023
