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Department of EconomicsProfessor Dale J. PoirierUniversity of California, IrvineOctober 25, 2005MIDTERM EXAMECON 220AStatistics and Econometrics I(open book)Directions: You must answer each of the following questions. Points (out of 100) are allocatedas noted to the left of each question. Allocate your time according to these points. To receive anypartial credit, you mustshow your work. Results from the text need not be reproduced in detail -you can merely cite the source.Possibly useful hints in random order:A.From the definition of the integrating constant for a gamma density, we know
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