ECON 1150
S. D. Namoro
University of Pittsburgh
Department of Economics
Spring Term 2015
ECON 1150: Applied Econometrics 1
Instructor: Soilliou Namoro, WWPH 4529, Phone Ext: 8-2242
Course Description
This course is an introduction to econometric methods f
Problem Set 2
ECON 1150 Fall 2014
Due in class Tuesday Feb 7th
1. A quality control plan for an assembly line involves sampling n = 10 nished items per day and
counting Y; the number of defective items. Therefore, if p denotes the probability of observing
Problem Set 1
ECON 1150 Spring 2017
Due in class Thursday January 24
1. A few years ago the news magazine The Economist listed some of the stranger explanations used
in the past to predict presidential election outcomes. These included whether or not the
Problem Set 5
ECON 1150 Spring 2017
Due Tuesday, April 11
1. According to a particular economist, the production of a certain commodity y only needs
two inputs, labor L and capital K. however, the productivity of each factor also depends upon some
unobser
Problem Set 2
ECON 1150 Fall 2015
Suggested Solutions
1. In the setup of the problem, we are told that Y is distributed as a binomial with parameter p (i.e.,
for a given p; Y has a binomial distribution). We then know that E (Y j p) = np; where n is the
n
Problem Set 1
ECON 1150
Suggested Solutions
1. (a) 38.2 percent of the presidents were Republicans and were in the White House while Republicans
controlled the House of Representatives. 44.2 percent of all presidents were Democrats.
(b) E (X) = 0:558.
E (