THOMPSON RIVERS UNIVERSITY
ECON2320-02&03: STATISTICS FOR ECONOMICS AND BUSINESS
FINAL EXAM (DEC 06), FALL 2014
TOTAL MARKS: 80
DURATION: 2.5 HOURS
Name (Last, First): _ID #: _
THIS EXAM HAS TOTAL 10 PAGES INCLUDING THE COVER PAGE, FORMULA SHEET AND
STATI

ECON 2320 Assignment/Practice Questions - Chapters One and Two
Chapter One
1. Some hotels ask their guests to rate the hotel's services as excellent, very good, good, and
poor. This is an example of the
a. ordinal scale
b. ratio scale
c. nominal scale
d.

THOMPSON RIVERS UNIVERSITY
ECON2320-02: STATISTICS FOR ECONOMICS AND BUSINESS
MIDTERM TEST I (OCT 07), FALL 2015
TOTAL MARKS: 60
DURATION: 70 MINUTES
Name (Last, First): _ID #: _
THIS EXAM HAS TOTAL 9 PAGES INCLUDING THE COVER PAGE
Instructions:
This exa

Assignment/ Practice Questions on Chapter Four
Please do more practice questions in the textbook
1. If two events are independent, then
a. they must be mutually exclusive
b. the sum of their probabilities must be equal to one
c. their intersection must be

Practice Questions on Chapter Five
Please do more practice questions in the text book
Section A- Multiple Choice Questions
1.Which of the following is a requirement for use of the hypergeometric distribution?
A)
Only 2 possible outcomes
B)
Trials are inde

Chapter 4
Introduction to Probability
Experiments, Counting Rules,
and Assigning Probabilities
Events and Their
Probability
Some Basic
Relationships
of
Probability
Conditional Probability
Bayes Theorem
Learning Objectives
At the end of the chapter, studen

Course Outline Policy
New policy of the School of Business &
Economics promotes e-Course outline and
discourages printing and distribution of course
outline as handouts
COURSE: ECON 2320
Title: Statstcs for Business & Economics Winter 2016
Instructor:
Dr

Chapter 6 Continuous Probability Distributions
Chapter Topics:
Uniform Probability Distribution
Normal Probability Distribution
Normal Approximation of Binomial Probability
Distribution
Exponential Probability Distribution
f (x)
Uniform
f (x)
x
f (x)

Chapter 3
Descriptive Statistics: Numerical Measures
Measures of Location
Measures of Variability
Learning Objectives
At the end of the chapter, students will be able to:
1. Understand the purpose of measures of location.
2.Be able to compute the mean,

Assignment #3
Problem
Please submit by next Wednesday before the start of class.
1. A local university administers a comprehensive examination to the candidates for B.S. degrees in Business
Administration. Five examinations are selected at random and scor

Assignment #2
Problem
Please submit this assignment on next Wednesday before the start of class.
1. The prices of condos in a city are normally distributed with a mean of $90,000 and a standard deviation of
$28,000.
a. The city government exempts the chea

Econ 2320 Formulas
Sample Variance
n
( x i x )2
s 2= i=1
n1
Coefficient of Variation: (Standard Deviation/ Mean x100)
Number of Combinations of N Objects Taken n at a Time:
N
C
n
P
n
N!
n !( N n)!
N!
( N n)!
Number of Permutations of N Objects Taken n at

Hashim Abdulhamid
9590333
Case Study 1 - Quality Associates, Inc.
This case study is focused at finding out whether the procedures used by a client for their manufacturing
process is operating successfully? Quality associates Inc. advised the client about

Assignment 3
BBUS 2541
Managerial accounting
Abdulhamid Hashim
9590333
4-17
ANDROMEDA GLASS COMPANY
Weighted-Average Method
Physical
Units
Percentage
of
Completion with
Respect to
Conversion
Equivalent Units
Conversion
DM
WIP, August 1
2,000
Units started

Case 5: Compensation for Sales Professionals
Hashim Abdulhamid
9590333
Compensation for Sales Professionals
The case study aims to determine if there is a relationship between experience and positions. A local
chapter of Sales professionals in the greater

THOMPSON RIVERS UNIVERSITY
ECON2320-02: STATISTICS FOR ECONOMICS AND BUSINESS
MIDTERM TEST ll (NOV 09), FALL 2015.
TOTAL MARKS: 60 DURATION:‘60 MINUTES a
-Name (Last, First): I I ' ID#:
NO CELL PHONE-USE ANYTIME DURING EXAM
Instructions:
0 .This exam is

Formula Sheet for ECON 2320
1.
Sample Mean: = =1
2.
Sample proportion: =
3.
Sample variance: 2 =
4.
Sample standard error: () = /
5.
For finite population, Standard Deviation of : =
6.
For infinite population, Standard Deviation of : = ( )
7.
For finite

Practice Questions
Topic: 5 & 6
1. A population has a mean of 200 and a standard deviation of 50. Suppose a sample of size 100 is
selected and is used to estimate .
a. What is the probability that the sample mean will be within 5 of the population
mean?
b

THOMPSON RIVERS UNIVERSITY
ECON2320-02&03: STATISTICS FOR ECONOMICS AND BUSINESS
FINAL EXAM (DEC 06), FALL 2014
TOTAL MARKS: 80 DURATION: 2.5 HOURS
Name (Last, First): ID #:
THIS EXAM HAS TOTAL 10 PAGES INCLUDING THE COVER PAGEI FORMULA SHEET AND
STATISTI

Appendix 0; Tables _
1
I
TABLE 1 CUMULATIVE PROBABlLITIES FOR THE STANDARD NORMAL
DISTRIBUTION
Entries 111 the table
give the area under the
curve to the left of the
3 value. For example, for
z = —.85, the cumulative
probability is .1977.
I

ECON 2320:
STATISTICS FOR BUSINESS AND ECONOMICS I
Topic 2
Introduction to Probability
September 28, 2015
Introduction to Probability
Objectives
Experiments, counting rules, and assigning
probabilities
Events and their Probabilities
Some basic relation

ECON 2320-02:
STATISTICS FOR BUSINESS AND ECONOMICS I
Ahmed A Hoque
Office: OM 3757
Office Hour: M 12:00 1:00pm &
MW 9:30-10:30am (Help Center)
Department of Economics
Thompson Rivers University
ECON 2320
Objectives
To be familiar with different types of

Department of Marketing, International Business and
Entrepreneurship
Group Evaluation Rubric
Category/Gr
ade
1/2
3/4
5/6
7/8
9/10
Quality of work.
Accurate and
complete
Work is nonexistent or
unacceptable.
Produced some work
that was on time or
used.
Meet

Econ 2320 -Assignment/Practice Questions - Chapter Three
Please note that it is important that you do more practice questions in the text book
1).
The variance of a sample of 169 observations equals 576. The standard deviation
of the sample equals
a. 13
b

Practice Questions - Chapter Six
Please consult the textbook for more practice questions
Multiple Choice
1. The uniform, normal, and exponential distributions are
a. all continuous probability distributions
b. all discrete probability distributions
c. can

Contingency Tables
What is a Contingency Table?
Variable 1
Col 1 Col 2 Col 3
Variable 2
A contingency table
is a cross-tabulation
of frequencies into
rows and columns.
Row 1
Row 2
Row 3
Row 4
Cell
A contingency table is like a frequency distribution
for