The George Washington University
Finance 6271-10
Fall 2015
Reading Schedule and HW
Week # 1
Paul Carrillo
Date
Topic (class notes #01 - #02)
9/5
- Class overview
- What is Econometrics?
- Questions we may examine
- Data sources
- Causal effects
- Random v

Introduction to Econometrics
Paul Carrillo
Notes # 1
Overview of course
Review of probability theory
(discrete random variables)
Brief Overview of the Course
Economics suggests important relationships, often with policy
implications, but virtually never s

The George Washington University
Introduction to Econometrics
Schedule and HW
HW #02
Prof. Paul Carrillo
Date
Topic (class notes #03 - #04 - #05)
Sep 12
- Probability distributions of
continuous random variables
- Expected values and variance
Sep 12
- Est

Introduction to Multiple Regression
Outline
1. Omitted variable bias
2. Causality and regression analysis
3. Multiple regression and OLS
4. Measures of fit
5. Sampling distribution of the OLS estimator
Intro to Econometrics
Omitted Variable Bias
The error

Regression with a Single Regressor:
Hypothesis Tests and Confidence Intervals
Overview
Now that we have the sampling distribution of OLS
estimator, we are ready to perform hypothesis tests about
1 and to construct confidence intervals about 1
Also, we w

Linear Regression
Consider the following general model:
(1)
y i 0 1 X 1i 2 X 2i u i
where yi is the dependent variable, 0, ,1 and 2 are coefficients, X,1i and
X,2i are (non-random) explanatory variables, and ui is an unobserved
(from the researchers point

Distribution of Y1, Yn under simple random sampling
Because individuals #1 and #2 are selected at random, the
value of Y1 has no information content for Y2. Thus:
o Y1 and Y2 are independently distributed
o Y1 and Y2 come from the same distribution, that

Introduction to Econometrics
Paul Carrillo
Notes # 03
Sampling and
Sampling Distributions
Populations and Samples
A Population is the set of all items or individuals
of interest
Examples:
All likely voters in the next election
All parts produced today
Al

Introduction to
Econometrics
Paul Carrillo
Notes # 2
Review of probability theory
(continuous random variables)
Probability Distributions
Probability
Distributions
Discrete
Probability
Distributions
Binomial
Continuous
Probability
Distributions
Uniform
No

Introduction to Econometrics
Paul Carrillo
Notes # 1
Overview of course
Review of probability theory
(discrete random variables)
Brief Overview of the Course
Economics suggests important relationships, often with policy
implications, but virtually never s