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# Class Notes for ECON10005 at University of Melbourne

Quantitative Methods 1

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##### ECON10005 Lecture Notes - Lecture 1: Statistical Inference, Frequency Distribution, Descriptive Statistics Premium

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 Premium

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 Premium

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 Premium

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 Premium

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 Premium

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 Premium

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 Premium

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 Premium

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 Premium

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

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...

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 ...

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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