12. Examples: On the night of March 1, 1986, in Lorain, Ohio, John Doe was struck by a speeding taxi as he crossed the street. The taxi was driving the wrong way down a one-way street and did not stop
2
2.1
Basics of Probability and Statistics
Sample Space, Events, and Probability Measure
1. Random Experiment: A random experiment is a process leading to at least two possible outcomes with uncertain
Problem Set 1: Economics 558a Fall 2000
Hanming Fang September 13, 2000
1. Three plants, C1 , C2 and C3 , produce respectively, 10, 50 and 40 percent of a company's output. Although plants C1 is a sma
Economics 558a: Statistics and Econometrics
Fall 2000
Instructor: Dr. Hanming Fang, Room 28, 37 Hillhouse. Contact: (Tel): 432-3547 (E-mail): hanming.fang@yale.edu Time and Location: MW 9:00-10:20am,
Economics 558a: Statistics and Econometrics
Lecture Notes
Fall 2000
Hanming Fang
September 18, 2000
1
Nature of Statistics and Econometrics
1.1
What is Econometrics?
1. Goldberger, Econometric Theory: