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Featured
Introductory Post
All wisdom is rooted in the Quran.. The Noor of Allah is reflected in the hearts of all human beings. Anyone anywhere who succeeds in purifying his or her her heart can find the truth. – Dr Asad Zaman Assalamo Alaikum Welcome to our online course on Real Statistics. This course is based on principles… Read more
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Understanding Statistical Distributions: A Summary and Response
Summary There is a crisis in the understanding of probability that arose because of a mistaken view that was accepted by the economist community. This view was that all uncertainty could be describe with the aid of probabilistic models. The view that was left behind was that of Keynes and Knight who distinguished ordinary risk… Read more
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Is Scientific Methodology Axiomatic? A Summary and Response
This is continuing from Dr. Zaman’s comments on my post about certain observations on the introductory chapter in the Econometrics textbook by Greene. In the post, I had raised a question regarding a footnote in the textbook where Greene mentions that modern econometric analysis begins with “behavioural axioms.” This means that there are certain “axiomatic… Read more
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Real Statistics Sharaf al-Dīn al-Ṭūsī Group (A) - Dr Asad Zaman 