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ECON10005 (48)

Class Notes for ECON10005 at University of Melbourne

Quantitative Methods 1

ECON10005 Lecture Notes - Lecture 1: Statistical Inference, Frequency Distribution, Descriptive Statistics
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Quantitative Methods Week 1 Lecture 1 Topics: Descriptive Statistics Probability Statistical inference Regression and correlation Application throughout business and economics Weekly Routine 1...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 5: Pareto Distribution, Gamma Function, Statistical Inference
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Quantitative Methods Week 5 LECTURE 9: THE T AND PARETO DISTRIBUTIONS X can take any real values, (, ) Mean: E(X) = 0 Variance: Var(X) = 1 Denoted N(0,1)T Distribution ...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 2: Frequentist Probability, Sample Space, Empty Set
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Quantitative Methods Week 2 CORRELATION AND PROBABILITY Correlation cannot explain why there is a relationship. Uncertainty, Chance and Probability Chance and uncertainty in many situations Probability: is the qua...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 9: Type I And Type Ii Errors, Null Hypothesis
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Quantitative Methods Week 9 READING: CHAPTER 5 HYPOTHESIS TESTING LECTURE 15: HYPOTHESIS TESTING ERRORS Specify null hypothesis H0: = m (m given) And alternative hypotheses: H A m (or > m or < m) ...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 8: Null Hypothesis, Type I And Type Ii Errors
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Quantitative Methods Week 8 READING: CHAPTER 5 HYPOTHESIS TESTING LECTURE 15: HYPOTHESIS TESTING ERRORS Specify null hypothesis H0: = m (m given) And alternative hypotheses: H A m (or > m or < m) ...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 4: Probability Distribution, Uncountable Set, Random Variable
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Quantitative Methods Week 4 Lecture 7 (dont have it) Lecture 8: Continuous Random Variables and Normal Distribution Continuous random variable: a variable which has a continuum of outcomes Number of uncountably in...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 3: Random Variable, Probability Distribution, Covariance
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Quantitative Methods Week 3 Lecture 5: Evaluating Gambles Random Variables: a rule/function that assigns a numerical value to each outcome of a random experiment Discrete Random Variable: has a finite or countable infini...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 6: Central Limit Theorem, Bias Of An Estimator, Sampling Distribution
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Quantitative Methods Week 6 LECTURE 11: SAMPLING DISTRIBUTIONS AND UNBIASED ESTIMATION Unbiased Estimator An unbiased estimator is one which is not tending to be too large or small. Its on ave...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 7: Normal Distribution, Sampling Distribution, Statistical Parameter
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Quantitative Methods Week 7 READING: CHAPTER 5 HYPOTHESIS TESTING LECTURE 13 Xis a random variable and has a sampling distribution The mean of the sampling distribution of X is E(X) = , X is n unbiase...

Economics
ECON10005
Wasana
ECON10005 Lecture Notes - Lecture 12: Nonlinear Regression, Random Variable, Dependent And Independent Variables
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From Two Means to Regression Consider independent random variables ( =0,, ) and (0 = 1,,0, 1 o With means = 0( ) and0,= ( )1 1, Suppose that the random variables and ...

Economics
ECON10005
All Professors
ECON10005 Lecture Notes - Lecture 4: Uncountable Set, Probability Distribution, Random Variable

Week 4Lecture1 Conditional Probability For two discrete random variables and , the conditional probability that takes a value conditional on knowing that has taken the value conditional on knowing that has taken the value ...

Economics
ECON10005
All Professors
ECON10005 Lecture Notes - Lecture 6: Sampling Distribution, Central Limit Theorem, Bias Of An Estimator

Week 5Lecture2 Statistical Inference Statistical inference is a collection of procedures designed so that data in a sample can be informative in a rigorous way about particular population A sample is randomly drawn from a ...

Economics
ECON10005
All Professors
ECON10005 Lecture Notes - Lecture 3: Marginal Distribution, Joint Probability Distribution, Random Variable

Week 3Tutorial1 Random Variables A random variable is a rule function that assigns a numerical value to each outcome of a random experiment Discrete random variable has a finite or countable infinitely number of outcomes o...

Economics
ECON10005
All Professors
ECON10005 Lecture Notes - Lecture 8: Statistical Inference, Confidence Interval

Week 8Lecture2 Confidence Interval Reject : = for = ) > 0 2,1 ( ) Do not reject 0: = for = 2,1 Do not reject : = for ( ) 0 2,1 21 0 = not rejected if: ( ) ,1 ,1 2 2 Multiply both sides by 2,1 2,1 Minus both sides by + 2,1 ...

Economics
ECON10005
All Professors
Permachart - Marketing Reference Guide: Net Asset Value, Mutual Fund, U.S. Securities And Exchange Commission

l e a r n • r e f e r e n c e • r e v i e w permacharts TM Mutual Funds WHAT IS A MUTUAL FUND? PURCHASING & REDEE...

Biology
BIOL2721
All Professors
Macroeconomics - Reference Guides

Take a look at the big picture. This chart covers national income accounting, inflation, consumption, economic growth, money supply, labor markets, monetary policy, international trade, supply side economics, and fiscal po...

Business and Political Economy Program
BPEP-UB 2
All Professors
Permachart - Marketing Reference Guide: Marginal Revenue, Profit Maximization, Marginal Cost

l e a r n • r e f e r e n c e • r e v i e w permacharts TM Microeconomics Microeconomics TYPES OF MARKETS ...

E-Business Marketing
ECN 102
All Professors
Permachart - Marketing Reference Guide: National Environmental Policy Act, Municipal Solid Waste, Criteria Air Contaminants

l e a r n • r e f e r e n c e • r e v i e w permacharts TM EEnvironmental Law ENVIRONMENTAL REGULATION NATIONAL ENVIRONMENTAL POL...

LAW
LAW 356
All Professors

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