Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2010
Page 1 of 7
ECMA04H
Second Term Test November 17, 2010
Prof. Gordon Cleveland
Time: 90 minutes
Version A
Instructions: PLEASE READ CAREFULLY
1. On the Scantron answer sheet, you must
PRINT your last
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
WORD PROBLEM
Suppose that sugar and buko are the primary ingredients to produce buko pies and buko juice.
Moreover, buko pies happen to be a good complement for buko juice. What will happen to the
mar
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
STUDY GUIDE FIRST EXAM (Samuelson, Chapters 13, 1920)
MELCHOR
CHAPTER 20: MEASURING ECONOMIC ACTIVITY
I.
NATIONAL OUTPUT AND ITS COMPONENTS
A. Gross Domestic Product:
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
m 'Wmk mom
mmhanism Lg \nch shifts sh AD lead '11 ucfuafvons
m WM, 9m; and emplbgmcnjr (hm hock _~ Busr'nrss
Q\(f\a\ns; km Dudpu' is acknminld In M is)? "A? add: _
ng aSuMms_MJ$ J ynrcs are cfw_5er
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
POINTERS to REVIEW for the FINALS
Statistics
o Definition
o Population vs sample (you should know how to determine the popn and
sample in a problem)
o Parameter vs. statistic
o Variables (discrete vs
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
SIMPLE LINEAR REGRESSION
Equation a Line
y = mx +b
where b = yintercept; the value of Y when X = 0,
m = slope of the line; change in y for every unit increase in x
Simple Regression Model
= + +
whe
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
Measures of Skewness
and Kurtosis
Relying solely on a measure of central tendency
and a measure of dispersion in figuring out the
behavior of a data set may sometimes be
misleading.
Consider the follo
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
CASE STUDY*
Suzanne, Dining Room Manager of Libayanee, a fine dining outlet in a large hotel was recently
promoted to F & B Assistant Director. Her advancement was in recognition of her outstanding pe
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
Chi Square TEST for
INDEPENDENCE
a table whose rows are the categories of X and the
columns are the categories of Y
used to study the association between the two
variables
1
2
j
c
Row
Totals
1
O1,1
O1
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2010
ECMA04H
First Term Test  October 20, 2010
Prof. Gordon Cleveland
Time: 90 minutes
Version C
Instructions: PLEASE READ CAREFULLY
1. On the Scantron answer sheet, you must
PRINT your last name and fir
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2010
ECMA04H
First Term Test  October 20, 2010
Prof. Gordon Cleveland
Time: 90 minutes
Version B
Instructions: PLEASE READ CAREFULLY
1. On the Scantron answer sheet, you must
PRINT your last name and fir
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2010
ECMA04H
First Term Test  October 20, 2010
Prof. Gordon Cleveland
Time: 90 minutes
Version A
Instructions: PLEASE READ CAREFULLY
1. On the Scantron answer sheet, you must
PRINT your last name and fir
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2010
ECMA04H
Final Exam, December 2009
Professor Gordon Cleveland
Time: 3 hours
THIS IS VERSION A OF THE EXAM  MAKE SURE TO INDICATE THIS
VERSION ON YOUR SCANTRON SHEET, AND ON YOUR ANSWER
BOOKLET, BOTH W
Intrduction to Microeconomics: A Mathematicl Approach
ECONOMICS ECMA04

Fall 2011
University of the Philippines
School of Statistics
Statistics 101: Elementary Statistics
First Long Examination Reviewer
Concepts
1. Statistics is the branch of science that deals with the COAIP of da