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ECONOMICS 207 Schedule and Course Outline Fall 2001 Session 1 Week 8/27 Introduction General Introduction Collection of Data Levels of Measurement (Nominal, Ordinal, Interval, Ratio) Descriptive Statistics: Organization of Data Frequency Distributions Presentation of Data Chapters 1 and 2 Assignment: Chapter 1: 4, 6, 19. 2. 9/3 Chapter 2: 6, 10, 11, 23, 29 Descriptive Statistics (contd). Measures of Location: Mean, Median, Mode, Quartiles, Percentiles Measures of Dispersion: Standard Deviation, Variance, Coefficient of Variation Some Uses of Mean and Standard Deviation: Assignment: Chapter 3: 8, 10, 13, 23, 30, 33, 48, 55, 58 3 9/10 Descriptive Statistics (contd). Correlation Analysis: Covariance, Correlation Coefficient Introduction to Probability Definition of Various Terms and Counting Rules Events and Their Probabilities Marginal Probabilities Joint Probabilities Assignment: Chapter 4: 2, 3, 4, 15, 16, 18, 19, 22, 29, 30, 32, 33, 54 4 9/17 Introduction to Probability (contd). Conditional Probabilities Basic Rules of Probability Computations Addition Rule Multiplication Rule 5 9/24 Discrete Probability Distributions Introduction to Probability Distributions Random Variables Expected Value , and Variance Discrete Probability Distributions Binomial Distribution Poisson Distribution Assignment: Chapter 5: 1, 5, 7, 11, 13, 15, 20, 25, 31, 35, 38, 40, 4 6 10/01 Continuous Probability Distributions Uniform Probability Distribution Continuous Probability Distributions Normal Distribution, t-distribution Assignment: Chapter 6: 1, 4, 8, 9, 10, 20, 21, 23, 25 7 10/08 Sampling and Sampling Distributions Sampling Methods Simple Random samples Sampling Distribution of Means Central Limit Theorem Sampling Distribution of Proportions Point Estimators and their properties Assignment: Chapter 7: 1, 6, 11, 16, 17, 18, 21, 27, 28, 30, 33, 35, 38, 42 Midterm Exam I (Up to and including chapter 6) 7 10/15 Interval Estimation Interval Estimation of a Population Mean Large Sample Case Small Sample Case Interval Estimation of a Population Proportion Sample Size Determination Assignment: Chapter 8: 1, 8, 10, 13, 15, 17, 29, 31, 38, 45,52 8 10/22 Hypothesis Testing Introduction Developing Null and Alternative Hypotheses Type I and Type II Errors One-Tailed and Two Tailed Hypothesis Tests of One Population Mean Hypothesis Tests about Population proportions Going Over Selected problems: Assignment: Chapter 9: 2, 5, 8, 10, 15, 20, 27, 29, 39, 44 9 10/29 Inferences about Two Population Means and Proportions One-Tailed and Two Tailed Hypothesis Tests of Two Population Means One-Tailed and Two Tailed Hypothesis Tests of One Population proportion One-Tailed and Two Tailed Hypothesis Tests of Two Population proportions Assignment: Chapter 10: 1, 7, 12, 16, 30 10 11/05 Tests Using Categorical Data: Chisquare tests Introduction to Chi-Square Distribution and Its Applications Goodness of Fit Midterm Exam II (Chapters 7 through 10) 11 11/12 Tests Using Categorical Data: Chi-square tests(Contd) Contingency Tables Going Over Selected problems Assignment Chapter 12: 1, 5, 8, 11, 18 Analysis of Variance Assumptions and Conceptual Overview Testing the Equality of k-Population Means One Way Analysis of Variance 12 11/19 Analysis of Variance (cntd) ANOVA Table and the F Test Assignment Chapter 13: 1, 6, 19, 21, 23, 24 Simple Linear Regression The Regression Model and Its Assumptions The Least Square Method 13 11/26 Simple Linear Regression (cntd) The Coefficient of Determination Testing for Significance: t-test and F-test Estimation and Prediction 14 11/27 Simple Linear Regression (cntd) Residual Analysis to Test the Model Assumptions Testing significance of Correlation coefficient Assignment Chapter 14: 1, 2, 9, 15, 16, 23, 24, 34 15 12/ 3 16 12/10 Introduction to Multiple Regression Final Exam