EC1102 -Mid-term 2019 - answers.docx - UNIVERSITY OF LONDON BSc EXAMINATION 2019 For Internal Students of Royal Holloway DO NOT TURN OVER UNTIL TOLD TO

EC1102 -Mid-term 2019 - answers.docx - UNIVERSITY OF LONDON...

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UNIVERSITY OF LONDONBSc EXAMINATION 2019For Internal Students ofRoyal HollowayDO NOT TURN OVER UNTIL TOLD TO BEGINEC1102 Mid-term: Quantitative Methods5thMarch 2019Time Allowed: ONEhour[Including 15 minutes reading time, during which students may write notes]Attempt ALL questionsMN, EC and Type B Calculators are permittedStatistical Tables/ Formula Sheets are provided/ attached© Royal Holloway University of London 2019Page 1 of 6 2018 -19
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EC1102SECTION A:Answer ALL questions from this section. Answer each question in the booklet, on the page of the question.Report results with a 3 digit precision1.At Good Time University (GTU), 50% of students graduate with a first class degree. Due to change in teaching practices, the share of graduates with a first increases by 25%.a- What is the fraction of students now graduating with a first?[5 points]b- Due to concerns by the Office for Students, GTU promises to reduce the share of graduates with a first by 20 %
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