... editions, the primary objective of the fourth editionof Basic Econometrics is to provide an elementary but comprehensive intro-duction to econometrics without resorting to matrix algebra, calculus, ... 12.†H. Russell Fogler and Sundaram Ganapathy, Financial Econometrics, Prentice Hall, Engle-wood Cliffs, N.J., 1982, p. 13.Gujarati: Basic Econometrics, Fourth EditionI. Single−Equation Regression ... 0.61.And that difference could very well be crucial to resuscitating the economy.Gujarati: Basic Econometrics, Fourth EditionFront Matter Preface© The McGraw−Hill Companies, 2004xxvPREFACEBACKGROUND...