UNIVERSITY OF THE WESTERN CAPE
INTERMEDIATE MATHEMATICAL ECONOMICS (ECO 235)
Assignment 2
Marks: 50
Question 1
[50]
The ECO 235 lecturer at University of Cape Town is interested to know if a students ECO 135
final mark in 2010 has any influence on the ECO
UNIVERSITY OF THE WESTERN CAPE
INTERMEDIATE MATHEMATICAL ECONOMICS (ECO 235)
Assignment 1
Marks: 50
ANSWER ALL QUESTIONS.
ROUND OFF YOUR ANSWERS TO 4 DECIMAL PLACES, IF NECESSARY.
Question 1
(15)
Suppose the utility that Betty receives by consuming ice-cr
EXERCISE 01
Question 1
Assuming = 69, 2 = 9. Find out the probability that the value of a randomly chosen
observation (X) would lie within the following range:
1.1 Pr (69 X 72)
1.2 Pr (69 X 75)
1.3 Pr (69 X 70)
1.4 Pr ( X 70 )
1.5 Pr (69 X 74)
1.6 Pr ( X
EXERCISE 00
Case #1
Population mean, variance and standard deviation are known.
Question: What is the probability that a randomly chosen observation has its values (X)
within a particular range?
Note: X must be converted into Z-statistic, before the proba
UNIVERSITY OF THE WESTERN CAPE
ECONOMETRICS (ECO 311)
Assignment 3 (Group work)
Due date: 3 May 2012
Marks: 50
ROUND OFF ALL ANSWERS TO 4 DECIMAL PLACES, IF NECESSARY.
You will be allocated to either of the following 5 topics:
(A) Investigate what factors
UNIVERSITY OF THE WESTERN CAPE
ECONOMETRICS (ECO 311)
Assignment 2
Due date: 19 April 2012, 17:00
Marks: 50
ROUND OFF ALL ANSWERS TO 4 DECIMAL PLACES, IF NECESSARY.
QUESTION 1
[30]
The following information is obtained from a sample of 10 first-year UWC s
UNIVERSITY OF THE WESTERN CAPE
ECONOMETRICS (ECO 311)
Assignment 1
Due date: 15 March 2012, 17:00
Marks: 50
ROUND OFF ALL ANSWERS TO 4 DECIMAL PLACES, IF NECESSARY.
QUESTION 1
The following information is obtained from a sample of 10 first-year UWC studen
Chapter 10: Autocorrelation: What
happens if error terms are correlated
1
ECO 311, 2012
Derek Yu, UWC
Topics
Definition
Detection
Consequences
Remedies
2
1
ECO 311, 2012
Derek Yu, UWC
Definition
Error terms are correlated.
This is more likely to happen in
Chapter 9: Heteroscedasticity: What
happens if the error variance is
nonconstant
1
ECO 311, 2012
Derek Yu, UWC
Topics
Definition
Detection
Consequences
Remedies
2
1
ECO 311, 2012
Derek Yu, UWC
Definition
Given the value of X, the variance of residuals is
Chapter 7: Model selection:
Criteria and tests
1
ECO 311, 2012
Derek Yu, UWC
Topics
The attributes of a good model
Incorrect functional form
Overfitting a model
Underfitting a model
X2 and X3 are not highly correlated
X2 and X3 are highly correlated
Detec
Introduction to E-Views
(Free + Legal copy of E-Views3 given!)
1
ECO 311, 2012
Derek Yu, UWC
Topics
Creating a new work file
Importing data from Excel
Creating a new variable by inputting a formula
Creating a new variable by manual typing
Basic statistica
Introduction to E-Views
(Free + Legal copy of E-Views3 given!)
1
ECO 311, 2012
Derek Yu, UWC
Topics
Creating a new work file
Importing data from Excel
Creating a new variable by inputting a formula
Creating a new variable by manual typing
Basic statistica
Chapter 6: Dummy variable
regression models
1
ECO 311, 2012
Derek Yu, UWC
Topics
Nature of dummy variables
Regression with one qualitative variable with two
categories
Regression with one qualitative variable with
more than two categories
Regression with
Chapter 5: Functional forms of
regression models
1
ECO 311, 2012
Derek Yu, UWC
Topics
Linear model
Double-log or Log-linear model
Semilog or log-lin model
Lin-log model
Reciprocal model
Polynomial model
2
1
ECO 311, 2012
Derek Yu, UWC
Linear model
Y = b1
Chapter 3: The two-variable
model: Hypothesis testing
1
ECO 311, 2012
Derek Yu, UWC
Topics
The classical linear regression model (CLRM)
Variances and standard errors of OLS
estimators
The properties of the OLS estimators
Confidence intervals
Hypothesis te
Chapter 2: Basic ideas of linear
regression: The two-variable model
1
ECO 311, 2012
Derek Yu, UWC
Topics
The population regression function
The sample regression function
Ordinary Least Squares (OLS)
2
1
ECO 311, 2012
Derek Yu, UWC
The population regressi
Appendix D: Statistical inference:
Estimation and hypothesis testing
1
ECO 311, 2012
Derek Yu, UWC
Topics
The meaning of statistical inference
Point estimation vs. Interval estimation
Confidence interval of population mean
Hypothesis testing
Properties of
Appendix C: Some important
probability distributions
1
ECO 311, 2012
Derek Yu, UWC
Topics
The normal distribution
Standard normal distribution
The t distribution
The chi-square distribution
The F distribution
2
1
ECO 311, 2012
Derek Yu, UWC
Normal distrib
Appendix A: Review of Statistics:
Probability and probability distributions
x
Appendix B: Characteristics of probability
distributions
1
ECO 311, 2012
Derek Yu, UWC
Topics
2
Some notation
Experiment, sample space, sample point, and
events
Random variables
Chapter 1: The nature and scope of
Econometrics
1
ECO 311, 2012
Derek Yu, UWC
Hello!
Lecturer: Derek Yu
Please check the course outline on my
details, the courses details and prescribed
textbook
All PowerPoint slides and notices are
available under the fo
1
CHAPTER TWO PROBLEMS 1. Last year Rattner Robotics had $5 million in operating income (EBIT). The company had net depreciation expense of $1 million and an interest expense of $1 million; its corporate tax rate was 40 percent. The company has $14 millio
Anton Grtter
Chapter 7
Production Planning
Introduction
I ntroduction to Operations Management
Learning Objectives
Introduction to Operations Management
I ntroduction to Operations Management
What demand patterns must be taken into
account when doing pr
Semester Test 1
Collect Scripts
Introduction to Operations Management
I ntroduction to Operations Management
Collect at Room 3.34, EMS
Queries:
Submit
Submit scripts with a stapled Query Form into
the box outside Room 3.34, EMS.
NB: Students only have 5 w