Level of Measurement
Data set - a particular collection of data values.
Subject (or individual) an item for study (e.g., an
employee in your company
Rules of Probability
random experiment is an observational process where th
Measures of Center
Measures of Variability
Percentiles and Quartiles
Three key characteristics of numerical data.
4.1 Numerical Descrip
3.1 Stem-and-Leaf Displays and Dot Plots
3.2 Frequency Distributions and Histograms
Describing Data Visually
Think about how the dataset was collected and measured.
Sorting (Example: Price/Earnings Ratios)
1.1 What is Statistics?
1.3 Uses of Statistics
1.5 Critical Thinking
Overview of Statistics
1.1 Statistics & Statistic
Statistics is the science of collecting, organizing, analyzing,
interpreting, and presenting data.
Market Demand and Supply
Changes in demand
Changes in supply
Changes in equilibrium
Demand curve, price elasticity of demand
A market is any place where buyers and
Discretionary fiscal policy
The federal budget
The macroeconomic significance
of the budget
Implications of the budget
outcome for government debt
Key Concepts to be Learnt in this Topic
Meaning and measurement of inflation
Consequences of inflation
Demand-Pull and Cost-Push Inflation
Inflation in Australia and other countries
Definition and measureme
Definition and functions of money
Demand for money
Exchange settlement accounts (ESA)
Open market operations (OMO)
Expansionary monetary policy (MP) and its effects
on real GDP and price l
Measuring the size of the
Gross Domestic Product (GDP)
Difference between Final and Intermediate
Non Productive Financial Transactions
The Circular Flow Model
Measuring GDP: The Expenditure, Income and
Short-run and Long-run
Fixed and variable costs
Scale of production
Market voluntary exchange between
buyers and sellers
Markets in Action
Governments intervene in the operations
of the market system for several reasons,
What is on the VU
notes (PowerPoint slides)
Additional learning resources
PLEASE CHECK THE VU COLLABORATE SITE REGULARLY
Monopolistic competition and
The monopolistic competition market structure
The monopolistically competitive firm as a price
Price and output decisions for a monopolistic
Comparing monopolistic, perfect c
Question 1) Control Panel>System and Security>Windows Firewall>Advanced Settings .
Locate the rule, and then by double clicking we can able to see the port being used.
Question 2) You should set a time limit on remote assistance to
70-680 Configuring Windows 7 Lab Manual
Using Event Viewer
In Exercise 11.1, you demonstrate some methods for isolating the most
important events in the Windows 7 logs.
Some Statistical Procedures and Functions with Excel
Microsofts Excel spreadsheet provides both statistical procedures and statistical functions. The procedures
are accessed by clicking on Tools in the task bar at the top of the Excel s
SELF-TEST: Time Series and Forecasting
1. What are the four sources of variation in a time series?
2. What kinds of trends may be observed in a time series - that is, what mathematical
forms may a time trend have?
3. In Gopher Prairie, town officials regr
Self Test for Second Exam
What two kinds of errors can be made in hypothesis testing?
What is the probability of a Type I error? Why is it not possible in advance to say what the
probability is of a Type II error?
(N) Safety enginee
Stats II: Self Test for Third Exam
What is a 2? For what statistical procedures can it be used?
What is a goodness of fit test?
Customer choices among the four luncheon specials at Dinah's Deli are thought to be uniformly
SELF-TEST: SIMPLE REGRESSION
Note: Those questions indicated with an (N) are unlikely to appear in this form on an in-class examination, but you
should be able to describe the procedures used to get an answer and be able to interpret the a
SELF TEST ONE
Note: Questions designated with an (N) are questions that are unlikely to appear on an in-class
examination. You should, however, know how to answer those questions with the appropriate equipment.
Statistics is about _.
Define each of
Adjusted R Square 0.25490731
78040.31829 78040.32 11.
Some Extra 2 problems.
The Dean of Students wants to know whether exposing students to an alcohol-awareness program will
reduce drinking. A sample of students is divided into two, and one group undergoes an alcohol-awareness
program while the other does n
Dr. Scott T. Marshall
Exam I Review Sheet
Disclaimer: This review sheet is an attempt to help you to realize what topics are most important and thus most likely to appear on
the exam. This review sheet is not meant to be a direct listing of the qu
Some Excel Statistical Functions
Excels statistical functions are built-in formulas that carry out certain calculations. To use them, enter the
appropriate formula in a cell and give the formula all the arguments it requires. You may already be familiar w
Data Set A:
9. cross section
11. length and width are indeterminate; wed expect the coefficient on weight to be negative and that on the
Japan dummy to be positive
13. mileage = 44 0.004Xlength 0.106Xwidth 0.004Xweight 1.323Xjapan
as expected the coeffici