The University of the South Pacific
Chapter 5
EC203 Economic Statistics
Semester 1, 2013
Probability (Week 5)
Markand Bhatt
Learning Outcomes
Ways of Assigning probabilities
Ways of determining possible outcomes
4 types of probabilities
Laws of specia
Fiji Households Income and Expenditure Survey Results
2004-05
Economics Statistics 203
Ashley Heil
S11097719
Tutorial day: Tuesday 10:00 AM
Assignment 1
Semester 1, 2013
Due 31st May 2013
Introduction:
Fijis Household Income and Expenditure Survey is desi
Calculating Averages and
Standard Deviation in Stat
Mode with a calculator
To calculate the mean and
sample standard dev. for
1,4,7
Casio fx-82 MS
1. Get into Stat mode
2. Clear the memory your calculator
may have old data stored
3. enter the numbers into
Part 2: Short Answers
1.
A. What is your nationality?
Nominal
B. How often do you attend the lectures: never, occasionally, most of the time or always?
Nominal
C. What is your major area of study: accounting, economics, finance, marketing or
management? N
Countries
Nine richest countries
Australia
Belgium
Canada
Denmark
Hong Kong
Iceland
Italy
Japan
Luxembourg
New Zealand
Norway
Spain
Sweden
Switzerland
United States
Eighteen poorest
countries
Benin
Burkina Faso
Burundi
Chad
Congo, Republic of
Guinea-Bissa